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peterb
ParticipantYou’d be wise to wait. Mortgage rates usually come down in a recession. They dropped from 9.5% to 5.25% from 1990 to 1994. Rates are dropping and unemployment is rising. Silicon Valley is just starting it’s lay-offs. See SUN, eBay, Yahoo, etc…
Rental units can be good if you dont experience a loss of occupancy. A couple of months a year can be tough. It’s got a mortgage, it’s got risk. I am seeing a lot of investors salivating at rentals that cash flow. A rare experience in CA. I am forecasting now that these will be the future foreclosure in a few years as rents too will break down in the final throws of this debacle.ParticipantYou’d be wise to wait. Mortgage rates usually come down in a recession. They dropped from 9.5% to 5.25% from 1990 to 1994. Rates are dropping and unemployment is rising. Silicon Valley is just starting it’s lay-offs. See SUN, eBay, Yahoo, etc…
Rental units can be good if you dont experience a loss of occupancy. A couple of months a year can be tough. It’s got a mortgage, it’s got risk. I am seeing a lot of investors salivating at rentals that cash flow. A rare experience in CA. I am forecasting now that these will be the future foreclosure in a few years as rents too will break down in the final throws of this debacle.ParticipantYou’d be wise to wait. Mortgage rates usually come down in a recession. They dropped from 9.5% to 5.25% from 1990 to 1994. Rates are dropping and unemployment is rising. Silicon Valley is just starting it’s lay-offs. See SUN, eBay, Yahoo, etc…
Rental units can be good if you dont experience a loss of occupancy. A couple of months a year can be tough. It’s got a mortgage, it’s got risk. I am seeing a lot of investors salivating at rentals that cash flow. A rare experience in CA. I am forecasting now that these will be the future foreclosure in a few years as rents too will break down in the final throws of this debacle.ParticipantIncome tax is for people that have an income. Really wealthy have investments that make them money. That’s why their always harping about capital gains taxes. That’s where they get kicked in the crotch. But there are plenty of ways to have a gain protected from taxes or where the IRS is not notified of the gain. Try sneaking around income tax some time. Pretty tough. Just the “man” keeping you down.
ParticipantIncome tax is for people that have an income. Really wealthy have investments that make them money. That’s why their always harping about capital gains taxes. That’s where they get kicked in the crotch. But there are plenty of ways to have a gain protected from taxes or where the IRS is not notified of the gain. Try sneaking around income tax some time. Pretty tough. Just the “man” keeping you down.
ParticipantIncome tax is for people that have an income. Really wealthy have investments that make them money. That’s why their always harping about capital gains taxes. That’s where they get kicked in the crotch. But there are plenty of ways to have a gain protected from taxes or where the IRS is not notified of the gain. Try sneaking around income tax some time. Pretty tough. Just the “man” keeping you down.
ParticipantIncome tax is for people that have an income. Really wealthy have investments that make them money. That’s why their always harping about capital gains taxes. That’s where they get kicked in the crotch. But there are plenty of ways to have a gain protected from taxes or where the IRS is not notified of the gain. Try sneaking around income tax some time. Pretty tough. Just the “man” keeping you down.
ParticipantIncome tax is for people that have an income. Really wealthy have investments that make them money. That’s why their always harping about capital gains taxes. That’s where they get kicked in the crotch. But there are plenty of ways to have a gain protected from taxes or where the IRS is not notified of the gain. Try sneaking around income tax some time. Pretty tough. Just the “man” keeping you down.
ParticipantI’ve heard, from insiders I know, that Oracle has been quietly riffing some people already.
ParticipantI’ve heard, from insiders I know, that Oracle has been quietly riffing some people already.
ParticipantI’ve heard, from insiders I know, that Oracle has been quietly riffing some people already.
ParticipantI’ve heard, from insiders I know, that Oracle has been quietly riffing some people already.
ParticipantI’ve heard, from insiders I know, that Oracle has been quietly riffing some people already.
ParticipantI would think that the govt will be raising all kinds of fees and transaction costs,etc… they’re losing lots of revenue from property and sales tax already and raising income tax when unemployment is rising is tough to do. They cant get blood from a turnip, so it makes sense that they are going to start looking for people making money in other ways and try to get a bigger part of it.
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