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

To: Jim McMannis who wrote (35211)7/12/2005 4:06:05 PM
From: CalculatedRiskRead Replies (4) | Respond to of 306849
 
Jim, I know we disagree on the impact of the '97 Act, but at least call it the "John Kasich (R-OH) Tax Act". He was the author. Senator Roth (R-DE) authored the Senate version (Of Roth IRA fame).

The Act passed the House 389-43 and the Senate 92-8.

Blaming the Act for the RE bubble is one thing (we just disagree), blaming Clinton seems partisan.



To: Jim McMannis who wrote (35211)7/12/2005 11:07:55 PM
From: bentwayRead Replies (3) | Respond to of 306849
 
Quit knocking my tax break! Instead of knocking it, why don't you just take advantage of it? It's there for any homeowner. I think it's great!

The flippers aren't using it. They don't live in the houses they flip, and they don't hold them for two years.


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