[quote=SD Realtor]
Meandale, I did not pay hundreds of thousands in taxes but I did pay around 75k when I add up all of my state andfederal taxes paid by myself and paid by my S corps and I can promise I cannot afford to buy the home I want to buy. People tend to think SS and Medicare are not taxes… except that they are, and they are effectively doubled when you have a small business. [/quote]
I have an S-corp. You don’t have to explain taxes to me.
However, you tipped your hand when you said “I cannot afford to buy the home I want to buy”.
Everyone can’t afford a 3000 sq foot house and a brand new mercedes in the drive way. Does that mean that we just should rent and walk to work?
