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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Ramsey Su who wrote (9043)	2/19/2003 10:07:40 AM
From: portage	Read Replies (1) \| Respond to of 306849

See what I mean Lizzie ? All the proponents ever talk about is the caps, not the distribution or allocation as it is applied. I'm done with this. Some people just refuse to deal with nuance. Back to the FNM crash <g>

To: Ramsey Su who wrote (9043)	2/19/2003 11:10:56 AM
From: Les H	Respond to of 306849

the government still collects revenues from the rental income on the same properties. expenses, including property tax and depreciation, being low because of the age of the properties could actually result in higher net rental income and higher tax revenues. the main difference may be who gets to collect the tax --- property tax goes to the counties while income tax goes to the state.