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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.96+0.2%Nov 19 4:00 PM EST

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To: TobagoJack who wrote (50179)5/17/2009 10:37:58 PM
From: Riskmgmt  Read Replies (1) of 217901
 
Hello TJ

<<hello riskmgmt, i think we all own real estate in an effectively lease form one way or another when taking all costs into consideration and factor in rollover into equation

i.e. it takes ten-twenty thousand per annum of property taxes and several percentage points of death tax to secure continuing claim to real estate of say 1 mil anywhere in usa, and it take about 1 thousand to secure same in hk, plus a few tens of thousand to rollover the lease for another 99-999 years depending on area, thus of the two schemas, i prefer the latter>>

Taxes are a cost of doing biz here and you count cash flow after expenses, including taxes, at least the successful RE owners do. A lease is a lease and reading your family's history I marvel at your trust in the lease owners,

BTW, If you have not seen the videos posted the by RJA you should take a look:
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