[Raybyrnes]

djrobsd

Prices on any car driving off a lot are going to typically guaranty you a 7.75% loss. It is call tax. No way of recovering that and in my opinion it is a scam that if you pay tax on a new item that the govrnment is going to continue to coleect this every time there is a transaction.

Cars bought properly should not depreciate much at all.

Here’s opne for you. Most rental car companies buy brand new cars fom all manufactures, can operate them for 6 monhts to a year snd stilll sell the cars at a price either equal too or higher than they paid. Additioanlly they are collecting rental revenues all that timme. Now explain to me all that depreciation?

[Raybyrnes]

djrobsd

Prices on any car driving off a lot are going to typically guaranty you a 7.75% loss. It is call tax. No way of recovering that and in my opinion it is a scam that if you pay tax on a new item that the govrnment is going to continue to coleect this every time there is a transaction.

Cars bought properly should not depreciate much at all.

Here’s opne for you. Most rental car companies buy brand new cars fom all manufactures, can operate them for 6 monhts to a year snd stilll sell the cars at a price either equal too or higher than they paid. Additioanlly they are collecting rental revenues all that timme. Now explain to me all that depreciation?

[Raybyrnes]

djrobsd

Prices on any car driving off a lot are going to typically guaranty you a 7.75% loss. It is call tax. No way of recovering that and in my opinion it is a scam that if you pay tax on a new item that the govrnment is going to continue to coleect this every time there is a transaction.

Cars bought properly should not depreciate much at all.

Here’s opne for you. Most rental car companies buy brand new cars fom all manufactures, can operate them for 6 monhts to a year snd stilll sell the cars at a price either equal too or higher than they paid. Additioanlly they are collecting rental revenues all that timme. Now explain to me all that depreciation?

[Raybyrnes]

djrobsd

Prices on any car driving off a lot are going to typically guaranty you a 7.75% loss. It is call tax. No way of recovering that and in my opinion it is a scam that if you pay tax on a new item that the govrnment is going to continue to coleect this every time there is a transaction.

Cars bought properly should not depreciate much at all.

Here’s opne for you. Most rental car companies buy brand new cars fom all manufactures, can operate them for 6 monhts to a year snd stilll sell the cars at a price either equal too or higher than they paid. Additioanlly they are collecting rental revenues all that timme. Now explain to me all that depreciation?

[Raybyrnes]

djrobsd

Prices on any car driving off a lot are going to typically guaranty you a 7.75% loss. It is call tax. No way of recovering that and in my opinion it is a scam that if you pay tax on a new item that the govrnment is going to continue to coleect this every time there is a transaction.

Cars bought properly should not depreciate much at all.

Here’s opne for you. Most rental car companies buy brand new cars fom all manufactures, can operate them for 6 monhts to a year snd stilll sell the cars at a price either equal too or higher than they paid. Additioanlly they are collecting rental revenues all that timme. Now explain to me all that depreciation?

[Raybyrnes]

Bugs
I agree with your post. All I am suggesting is that there ae a lot of people out there who have no clue about real estate and finance now just as there were lot’s of people who might have been uninfomred 20 years ago.

I amn not advocating that people without income go out and do 100% financing to own rather than rent.

What I am suggesting is that if a young profesional couple both employed are making 200K combined income a year and they identify a 500K home in Poway that they really love and think they might be in there for a long time, then for this specific couple it might just make sense to putll the trgger becaseu over the long haul they are planning on staying and they can not only afford teh payments on one income but in the event that that income was halfed they could still maage to get by. Over the long haul I believe a home is going to pay off for this type of buyer. Just as it has for buyers in the past.

[Raybyrnes]

Bugs
I agree with your post. All I am suggesting is that there ae a lot of people out there who have no clue about real estate and finance now just as there were lot’s of people who might have been uninfomred 20 years ago.

I amn not advocating that people without income go out and do 100% financing to own rather than rent.

What I am suggesting is that if a young profesional couple both employed are making 200K combined income a year and they identify a 500K home in Poway that they really love and think they might be in there for a long time, then for this specific couple it might just make sense to putll the trgger becaseu over the long haul they are planning on staying and they can not only afford teh payments on one income but in the event that that income was halfed they could still maage to get by. Over the long haul I believe a home is going to pay off for this type of buyer. Just as it has for buyers in the past.

[Raybyrnes]

Bugs
I agree with your post. All I am suggesting is that there ae a lot of people out there who have no clue about real estate and finance now just as there were lot’s of people who might have been uninfomred 20 years ago.

I amn not advocating that people without income go out and do 100% financing to own rather than rent.

What I am suggesting is that if a young profesional couple both employed are making 200K combined income a year and they identify a 500K home in Poway that they really love and think they might be in there for a long time, then for this specific couple it might just make sense to putll the trgger becaseu over the long haul they are planning on staying and they can not only afford teh payments on one income but in the event that that income was halfed they could still maage to get by. Over the long haul I believe a home is going to pay off for this type of buyer. Just as it has for buyers in the past.

[Raybyrnes]

Bugs
I agree with your post. All I am suggesting is that there ae a lot of people out there who have no clue about real estate and finance now just as there were lot’s of people who might have been uninfomred 20 years ago.

I amn not advocating that people without income go out and do 100% financing to own rather than rent.

What I am suggesting is that if a young profesional couple both employed are making 200K combined income a year and they identify a 500K home in Poway that they really love and think they might be in there for a long time, then for this specific couple it might just make sense to putll the trgger becaseu over the long haul they are planning on staying and they can not only afford teh payments on one income but in the event that that income was halfed they could still maage to get by. Over the long haul I believe a home is going to pay off for this type of buyer. Just as it has for buyers in the past.

[Raybyrnes]

Bugs
I agree with your post. All I am suggesting is that there ae a lot of people out there who have no clue about real estate and finance now just as there were lot’s of people who might have been uninfomred 20 years ago.

I amn not advocating that people without income go out and do 100% financing to own rather than rent.

What I am suggesting is that if a young profesional couple both employed are making 200K combined income a year and they identify a 500K home in Poway that they really love and think they might be in there for a long time, then for this specific couple it might just make sense to putll the trgger becaseu over the long haul they are planning on staying and they can not only afford teh payments on one income but in the event that that income was halfed they could still maage to get by. Over the long haul I believe a home is going to pay off for this type of buyer. Just as it has for buyers in the past.

[Raybyrnes]

SD Realtor

I qualified myself on this SD Realtor and said it might be worth a little bit of time. You may well be right that there are some pitfalls you would need to identify before doing anything.

[Raybyrnes]

SD Realtor

I qualified myself on this SD Realtor and said it might be worth a little bit of time. You may well be right that there are some pitfalls you would need to identify before doing anything.

[Raybyrnes]

SD Realtor

I qualified myself on this SD Realtor and said it might be worth a little bit of time. You may well be right that there are some pitfalls you would need to identify before doing anything.

[Raybyrnes]

SD Realtor

I qualified myself on this SD Realtor and said it might be worth a little bit of time. You may well be right that there are some pitfalls you would need to identify before doing anything.

[Raybyrnes]

SD Realtor

I qualified myself on this SD Realtor and said it might be worth a little bit of time. You may well be right that there are some pitfalls you would need to identify before doing anything.

[Author]

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