[Raybyrnes]

Raising taxes is anologous to taxing landlords more. All they are going to do is reaise rents to compensate for the higher tax in which case you have essentially burdened those you were looking to help.

250K can be earned in 2 different ways. If you are taking home a W2 then it gets whitled away pretty quicly with taxes. On the other hand if you make 250K as a business owner it means that you probably netted close to twice that amount.

Would anyone argue that the employee vs the business owner are in the same boat?

[Raybyrnes]

Raising taxes is anologous to taxing landlords more. All they are going to do is reaise rents to compensate for the higher tax in which case you have essentially burdened those you were looking to help.

250K can be earned in 2 different ways. If you are taking home a W2 then it gets whitled away pretty quicly with taxes. On the other hand if you make 250K as a business owner it means that you probably netted close to twice that amount.

Would anyone argue that the employee vs the business owner are in the same boat?

[Raybyrnes]

Raising taxes is anologous to taxing landlords more. All they are going to do is reaise rents to compensate for the higher tax in which case you have essentially burdened those you were looking to help.

250K can be earned in 2 different ways. If you are taking home a W2 then it gets whitled away pretty quicly with taxes. On the other hand if you make 250K as a business owner it means that you probably netted close to twice that amount.

Would anyone argue that the employee vs the business owner are in the same boat?

[Raybyrnes]

Raising taxes is anologous to taxing landlords more. All they are going to do is reaise rents to compensate for the higher tax in which case you have essentially burdened those you were looking to help.

250K can be earned in 2 different ways. If you are taking home a W2 then it gets whitled away pretty quicly with taxes. On the other hand if you make 250K as a business owner it means that you probably netted close to twice that amount.

Would anyone argue that the employee vs the business owner are in the same boat?

[Raybyrnes]

Raising taxes is anologous to taxing landlords more. All they are going to do is reaise rents to compensate for the higher tax in which case you have essentially burdened those you were looking to help.

250K can be earned in 2 different ways. If you are taking home a W2 then it gets whitled away pretty quicly with taxes. On the other hand if you make 250K as a business owner it means that you probably netted close to twice that amount.

Would anyone argue that the employee vs the business owner are in the same boat?

[Raybyrnes]

I think there is a lot that is missing. You have not factored that rents can go up whereas a fixed rate mortgage stays the same over time. At some point there is an inflection point.

Secondly you have not accounted for leverage. A home is one of the only assets that allow you to borrow 5 x (assume 20% down) the amount that you are putting down.

Tax shelter. Not ony do you get the tax deduction but you also get to keep up to 500K in gains without paying taxes.

Estate planning. You can take your home as an asset and pass it down to your family members and they get the benefit of the new cost basis.

If you have children and plan on sending them to college. You can qualify for far more financial aid in the form of grants and subsidies by being house rich and savings poor.
(Federal Financial Aid does not count your home into the calculation for aid)

Long term diversification. If you plan wisely an home represents just one asset class of a long term financial plan. You can still use the 401K/403B, the Roth IRA, and Brokerage accounts to accumulate wealth in a number of different asset classes (large cap/small cap/gold/REITS/ commodities etc) along with you ownership in a home.

This is just some quick bullet points on the matter.

[Raybyrnes]

I think there is a lot that is missing. You have not factored that rents can go up whereas a fixed rate mortgage stays the same over time. At some point there is an inflection point.

Secondly you have not accounted for leverage. A home is one of the only assets that allow you to borrow 5 x (assume 20% down) the amount that you are putting down.

Tax shelter. Not ony do you get the tax deduction but you also get to keep up to 500K in gains without paying taxes.

Estate planning. You can take your home as an asset and pass it down to your family members and they get the benefit of the new cost basis.

If you have children and plan on sending them to college. You can qualify for far more financial aid in the form of grants and subsidies by being house rich and savings poor.
(Federal Financial Aid does not count your home into the calculation for aid)

Long term diversification. If you plan wisely an home represents just one asset class of a long term financial plan. You can still use the 401K/403B, the Roth IRA, and Brokerage accounts to accumulate wealth in a number of different asset classes (large cap/small cap/gold/REITS/ commodities etc) along with you ownership in a home.

This is just some quick bullet points on the matter.

[Raybyrnes]

I think there is a lot that is missing. You have not factored that rents can go up whereas a fixed rate mortgage stays the same over time. At some point there is an inflection point.

Secondly you have not accounted for leverage. A home is one of the only assets that allow you to borrow 5 x (assume 20% down) the amount that you are putting down.

Tax shelter. Not ony do you get the tax deduction but you also get to keep up to 500K in gains without paying taxes.

Estate planning. You can take your home as an asset and pass it down to your family members and they get the benefit of the new cost basis.

If you have children and plan on sending them to college. You can qualify for far more financial aid in the form of grants and subsidies by being house rich and savings poor.
(Federal Financial Aid does not count your home into the calculation for aid)

Long term diversification. If you plan wisely an home represents just one asset class of a long term financial plan. You can still use the 401K/403B, the Roth IRA, and Brokerage accounts to accumulate wealth in a number of different asset classes (large cap/small cap/gold/REITS/ commodities etc) along with you ownership in a home.

This is just some quick bullet points on the matter.

[Raybyrnes]

I think there is a lot that is missing. You have not factored that rents can go up whereas a fixed rate mortgage stays the same over time. At some point there is an inflection point.

Secondly you have not accounted for leverage. A home is one of the only assets that allow you to borrow 5 x (assume 20% down) the amount that you are putting down.

Tax shelter. Not ony do you get the tax deduction but you also get to keep up to 500K in gains without paying taxes.

Estate planning. You can take your home as an asset and pass it down to your family members and they get the benefit of the new cost basis.

If you have children and plan on sending them to college. You can qualify for far more financial aid in the form of grants and subsidies by being house rich and savings poor.
(Federal Financial Aid does not count your home into the calculation for aid)

Long term diversification. If you plan wisely an home represents just one asset class of a long term financial plan. You can still use the 401K/403B, the Roth IRA, and Brokerage accounts to accumulate wealth in a number of different asset classes (large cap/small cap/gold/REITS/ commodities etc) along with you ownership in a home.

This is just some quick bullet points on the matter.

[Raybyrnes]

I think there is a lot that is missing. You have not factored that rents can go up whereas a fixed rate mortgage stays the same over time. At some point there is an inflection point.

Secondly you have not accounted for leverage. A home is one of the only assets that allow you to borrow 5 x (assume 20% down) the amount that you are putting down.

Tax shelter. Not ony do you get the tax deduction but you also get to keep up to 500K in gains without paying taxes.

Estate planning. You can take your home as an asset and pass it down to your family members and they get the benefit of the new cost basis.

If you have children and plan on sending them to college. You can qualify for far more financial aid in the form of grants and subsidies by being house rich and savings poor.
(Federal Financial Aid does not count your home into the calculation for aid)

Long term diversification. If you plan wisely an home represents just one asset class of a long term financial plan. You can still use the 401K/403B, the Roth IRA, and Brokerage accounts to accumulate wealth in a number of different asset classes (large cap/small cap/gold/REITS/ commodities etc) along with you ownership in a home.

This is just some quick bullet points on the matter.

[Raybyrnes]

My understanding of KB is that the land waa bought ahead of the boom but the permits took way longer than anticipated. Tom Armstrong is hurting but KB is hurting even worse. Tom Armstorng and owner of KB actually worked together before KB broke off to go at it on his own.

[Raybyrnes]

My understanding of KB is that the land waa bought ahead of the boom but the permits took way longer than anticipated. Tom Armstrong is hurting but KB is hurting even worse. Tom Armstorng and owner of KB actually worked together before KB broke off to go at it on his own.

[Raybyrnes]

My understanding of KB is that the land waa bought ahead of the boom but the permits took way longer than anticipated. Tom Armstrong is hurting but KB is hurting even worse. Tom Armstorng and owner of KB actually worked together before KB broke off to go at it on his own.

[Raybyrnes]

My understanding of KB is that the land waa bought ahead of the boom but the permits took way longer than anticipated. Tom Armstrong is hurting but KB is hurting even worse. Tom Armstorng and owner of KB actually worked together before KB broke off to go at it on his own.

[Raybyrnes]

My understanding of KB is that the land waa bought ahead of the boom but the permits took way longer than anticipated. Tom Armstrong is hurting but KB is hurting even worse. Tom Armstorng and owner of KB actually worked together before KB broke off to go at it on his own.

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