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pk92108
ParticipantOne reason the self employed have a harder time with stated income is that they run a MONSTER amount of expenses (justified and unjustified) through their companies, leaving them with little taxable income at the end of the day….I have no sympathy for them….I personally see people I know using their business credit cards to do their shopping, buy X-mas trees, go on vacations, etc. and who knows what else….Good thing I am not a rat..
It all comes back to haunt you at the end….
ParticipantOne reason the self employed have a harder time with stated income is that they run a MONSTER amount of expenses (justified and unjustified) through their companies, leaving them with little taxable income at the end of the day….I have no sympathy for them….I personally see people I know using their business credit cards to do their shopping, buy X-mas trees, go on vacations, etc. and who knows what else….Good thing I am not a rat..
It all comes back to haunt you at the end….
ParticipantOne reason the self employed have a harder time with stated income is that they run a MONSTER amount of expenses (justified and unjustified) through their companies, leaving them with little taxable income at the end of the day….I have no sympathy for them….I personally see people I know using their business credit cards to do their shopping, buy X-mas trees, go on vacations, etc. and who knows what else….Good thing I am not a rat..
It all comes back to haunt you at the end….
ParticipantOne reason the self employed have a harder time with stated income is that they run a MONSTER amount of expenses (justified and unjustified) through their companies, leaving them with little taxable income at the end of the day….I have no sympathy for them….I personally see people I know using their business credit cards to do their shopping, buy X-mas trees, go on vacations, etc. and who knows what else….Good thing I am not a rat..
It all comes back to haunt you at the end….
ParticipantOne reason the self employed have a harder time with stated income is that they run a MONSTER amount of expenses (justified and unjustified) through their companies, leaving them with little taxable income at the end of the day….I have no sympathy for them….I personally see people I know using their business credit cards to do their shopping, buy X-mas trees, go on vacations, etc. and who knows what else….Good thing I am not a rat..
It all comes back to haunt you at the end….
December 7, 2007 at 10:10 PM in reply to: Just bought a new house, questions on finance and home inspection #111775Participanthey lendingbubble….No the pk doesn’t mean that i bought my home at the peak…You may be able to correctly pick the bottom and top of the market, but 99.9999% can’t do it…
Everyone’s situation is different…Maybe the person who stared the thread doesn’t want to be a serial renter and be at the whim of rent increases or an owner’s foreclosure…Maybe he has kids in school that he wants to provide some stability for…Even moving a few blocks can mean a change of schools if you go the public route (especially in C.V.)
Plus, just as one dollar cost averages with mutual funds, I do the same with investment property…Buying one every 5 years or so…I will get some near the bottom and maybe some near the top, but hopefully after 30 years of doing it I will be ahead….Maybe not, but I wish I had a crystal ball…..I would love to buy everything at the bottom but I can’t…
December 7, 2007 at 10:10 PM in reply to: Just bought a new house, questions on finance and home inspection #111890Participanthey lendingbubble….No the pk doesn’t mean that i bought my home at the peak…You may be able to correctly pick the bottom and top of the market, but 99.9999% can’t do it…
Everyone’s situation is different…Maybe the person who stared the thread doesn’t want to be a serial renter and be at the whim of rent increases or an owner’s foreclosure…Maybe he has kids in school that he wants to provide some stability for…Even moving a few blocks can mean a change of schools if you go the public route (especially in C.V.)
Plus, just as one dollar cost averages with mutual funds, I do the same with investment property…Buying one every 5 years or so…I will get some near the bottom and maybe some near the top, but hopefully after 30 years of doing it I will be ahead….Maybe not, but I wish I had a crystal ball…..I would love to buy everything at the bottom but I can’t…
December 7, 2007 at 10:10 PM in reply to: Just bought a new house, questions on finance and home inspection #111931Participanthey lendingbubble….No the pk doesn’t mean that i bought my home at the peak…You may be able to correctly pick the bottom and top of the market, but 99.9999% can’t do it…
Everyone’s situation is different…Maybe the person who stared the thread doesn’t want to be a serial renter and be at the whim of rent increases or an owner’s foreclosure…Maybe he has kids in school that he wants to provide some stability for…Even moving a few blocks can mean a change of schools if you go the public route (especially in C.V.)
Plus, just as one dollar cost averages with mutual funds, I do the same with investment property…Buying one every 5 years or so…I will get some near the bottom and maybe some near the top, but hopefully after 30 years of doing it I will be ahead….Maybe not, but I wish I had a crystal ball…..I would love to buy everything at the bottom but I can’t…
December 7, 2007 at 10:10 PM in reply to: Just bought a new house, questions on finance and home inspection #111940Participanthey lendingbubble….No the pk doesn’t mean that i bought my home at the peak…You may be able to correctly pick the bottom and top of the market, but 99.9999% can’t do it…
Everyone’s situation is different…Maybe the person who stared the thread doesn’t want to be a serial renter and be at the whim of rent increases or an owner’s foreclosure…Maybe he has kids in school that he wants to provide some stability for…Even moving a few blocks can mean a change of schools if you go the public route (especially in C.V.)
Plus, just as one dollar cost averages with mutual funds, I do the same with investment property…Buying one every 5 years or so…I will get some near the bottom and maybe some near the top, but hopefully after 30 years of doing it I will be ahead….Maybe not, but I wish I had a crystal ball…..I would love to buy everything at the bottom but I can’t…
December 7, 2007 at 10:10 PM in reply to: Just bought a new house, questions on finance and home inspection #111973Participanthey lendingbubble….No the pk doesn’t mean that i bought my home at the peak…You may be able to correctly pick the bottom and top of the market, but 99.9999% can’t do it…
Everyone’s situation is different…Maybe the person who stared the thread doesn’t want to be a serial renter and be at the whim of rent increases or an owner’s foreclosure…Maybe he has kids in school that he wants to provide some stability for…Even moving a few blocks can mean a change of schools if you go the public route (especially in C.V.)
Plus, just as one dollar cost averages with mutual funds, I do the same with investment property…Buying one every 5 years or so…I will get some near the bottom and maybe some near the top, but hopefully after 30 years of doing it I will be ahead….Maybe not, but I wish I had a crystal ball…..I would love to buy everything at the bottom but I can’t…
ParticipantDerby Hill is like that in the CV…I can’t explain it and their attitude is straight out of 2003….Especially for the Plan 3’s….
ParticipantDerby Hill is like that in the CV…I can’t explain it and their attitude is straight out of 2003….Especially for the Plan 3’s….
ParticipantDerby Hill is like that in the CV…I can’t explain it and their attitude is straight out of 2003….Especially for the Plan 3’s….
ParticipantDerby Hill is like that in the CV…I can’t explain it and their attitude is straight out of 2003….Especially for the Plan 3’s….
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