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Reply to "The Future of Pimmit Hills"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I bought here in Pimmit a year ago in the 300s, and[b] I have already made 25% on my purchase. [/b] Where else are homes appreciating like this in the DC area? That's why Redfin rated us #1 last year. [b]I live maybe 2 blocks from that house pic.[/b] There are so many new homes being built within 3 blocks of our house it's very hot here right now. [/quote] Really? You sold after one year? What were the capital gains taxes on that? [/quote] And I said "I LIVE MAYBE 2 BLOCKS FROM THAT HOUSE PIC." I never said I sold. Read before you get snide.[/quote] Then you haven't "MADE" anything. Jesus. Although I guess one should expect financial illiteracy from the denizens of Pimmit Hills. And to pp, "realized" and "recognized" are the same thing for capital gains purposes. It means the asset has been sold/disbursed.[/quote] I think it's fairly common for people to view additional equity favorably, even if they haven't sold the asset in question. [/quote]
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