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June 3, 2011 at 11:11 AM in reply to: Excellent summation why housing market will be terrible for a long time #701101June 3, 2011 at 11:11 AM in reply to: Excellent summation why housing market will be terrible for a long time #701694
sdduuuude
ParticipantYa, Ya. Happy B-day SDR.
Now, here is an interesting graph related to the original topic:
http://cr4re.com/charts/charts.html#category=Employment&chart=JobLossesRecessionStartMay2011.jpg
June 3, 2011 at 11:11 AM in reply to: Excellent summation why housing market will be terrible for a long time #701843ParticipantYa, Ya. Happy B-day SDR.
Now, here is an interesting graph related to the original topic:
http://cr4re.com/charts/charts.html#category=Employment&chart=JobLossesRecessionStartMay2011.jpg
June 3, 2011 at 11:11 AM in reply to: Excellent summation why housing market will be terrible for a long time #702205ParticipantYa, Ya. Happy B-day SDR.
Now, here is an interesting graph related to the original topic:
http://cr4re.com/charts/charts.html#category=Employment&chart=JobLossesRecessionStartMay2011.jpg
ParticipantWhat is the point of this thread, really? Can you please move it to the “Political Bickering” blog of your choice instead of this housing blog.
ParticipantWhat is the point of this thread, really? Can you please move it to the “Political Bickering” blog of your choice instead of this housing blog.
ParticipantWhat is the point of this thread, really? Can you please move it to the “Political Bickering” blog of your choice instead of this housing blog.
ParticipantWhat is the point of this thread, really? Can you please move it to the “Political Bickering” blog of your choice instead of this housing blog.
ParticipantWhat is the point of this thread, really? Can you please move it to the “Political Bickering” blog of your choice instead of this housing blog.
ParticipantGreat post, Kingside. Rare to find a useful, straightforward answer born from experience and devoid of nonsensical political commentary these days.
SK – I agree with you, by the way. Not sure how the LLC protects the house at all. I guess if something happens to a guest of the house such that the owner, not renter, gets sued, it would offer some protection to the other assets belonging to the owner of the LLC. Still, the house could get taken from the LLC.
But, given Kingside’s insight, is it really doing anything ?
I always wondered if an LLC would provide protection from a property-tax basis. That is – sell the LLC to the next owner instead of selling the house and keep the property tax base the same.
ParticipantGreat post, Kingside. Rare to find a useful, straightforward answer born from experience and devoid of nonsensical political commentary these days.
SK – I agree with you, by the way. Not sure how the LLC protects the house at all. I guess if something happens to a guest of the house such that the owner, not renter, gets sued, it would offer some protection to the other assets belonging to the owner of the LLC. Still, the house could get taken from the LLC.
But, given Kingside’s insight, is it really doing anything ?
I always wondered if an LLC would provide protection from a property-tax basis. That is – sell the LLC to the next owner instead of selling the house and keep the property tax base the same.
ParticipantGreat post, Kingside. Rare to find a useful, straightforward answer born from experience and devoid of nonsensical political commentary these days.
SK – I agree with you, by the way. Not sure how the LLC protects the house at all. I guess if something happens to a guest of the house such that the owner, not renter, gets sued, it would offer some protection to the other assets belonging to the owner of the LLC. Still, the house could get taken from the LLC.
But, given Kingside’s insight, is it really doing anything ?
I always wondered if an LLC would provide protection from a property-tax basis. That is – sell the LLC to the next owner instead of selling the house and keep the property tax base the same.
ParticipantGreat post, Kingside. Rare to find a useful, straightforward answer born from experience and devoid of nonsensical political commentary these days.
SK – I agree with you, by the way. Not sure how the LLC protects the house at all. I guess if something happens to a guest of the house such that the owner, not renter, gets sued, it would offer some protection to the other assets belonging to the owner of the LLC. Still, the house could get taken from the LLC.
But, given Kingside’s insight, is it really doing anything ?
I always wondered if an LLC would provide protection from a property-tax basis. That is – sell the LLC to the next owner instead of selling the house and keep the property tax base the same.
ParticipantGreat post, Kingside. Rare to find a useful, straightforward answer born from experience and devoid of nonsensical political commentary these days.
SK – I agree with you, by the way. Not sure how the LLC protects the house at all. I guess if something happens to a guest of the house such that the owner, not renter, gets sued, it would offer some protection to the other assets belonging to the owner of the LLC. Still, the house could get taken from the LLC.
But, given Kingside’s insight, is it really doing anything ?
I always wondered if an LLC would provide protection from a property-tax basis. That is – sell the LLC to the next owner instead of selling the house and keep the property tax base the same.
May 25, 2011 at 9:28 PM in reply to: Modern green home communities in SD North County Costal #699692Participant[quote=briansd1]
Seems like a failure of the market.
[/quote]That is just a remarkably stupid thing to say. Just because people in the market make decisions different from what you would make doesn’t make it a failure. Find your inner Buddist. There is no failure or success in the market. It just is.
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