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Real Estate
Reply to "Bought a house last fall for 800k serious buyer offering for 1.35 million, what would you do?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]For a profit of $200K+? Yeah, I might sell for that amount... Do you think the offer is realistic? [/quote]a The profit is $550,000. I'd sell in a hot second and rent until I found what I wanted. [/quote] You would have to give 35% of that to obama so its a lot less[/quote] I voted for Obama. I am glad to pay my taxes. They pay for things that I believe are important - roads, military, welfare, schools, scientific research, student loans, home loans, FEMA. I prefer not to freeload. The US has a strong social infrastructure that supports our growth. I think it's important to support it and not try to get a lot of benefits for free. I get annoyed when the GOP whines about taxes, but are the first in line for federal money if a disaster hits their state. The profit on the deal is over $300,000. That's a decent profit and I could do good things by investing that money.[/quote]
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