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

To: Peter Joseph who wrote (25765)	12/9/2004 10:09:42 AM
From: Micawber	Read Replies (1) \| Respond to of 306849

No one is feeling giddy here, thank you. Nor am I nearly as smug as you appear to be. Must be wonderful having all the answers at age 38, while discussing the end of the world as we know it with Elroy and all your buddies. You know nothing about me and whether I live above, below or at my means. You know nothing about my business, and your ridiculous question regarding why I would spend a $1 to save $0.38 in taxes only serves to illustrate this ignorance. Spare me the doomsday scenarios. I've heard them all.

To: Peter Joseph who wrote (25765)	12/9/2004 10:38:06 AM
From: Suma	Read Replies (2) \| Respond to of 306849

Actually Peter I wish I slept better than I do. However I have loved not owing anyone anything in my life time. When I do owe someone... I am really um comfortable.. But appreciate your being on my side... as it's difficult for a lot of my contemporaries to understand why I will not lease a car etc. There is a great way to make money in real estate today by investing in pre construction..Then as the property appreciates through building sell it. I know a lot of people who are making a killing in this way. However, for me it would require that should I not be able to sell it that I would be able to buy it... The best way is to do this, live in the property two years and then sell. No tax... Just keep moving on...