Quote:
Originally Posted by simplepeddler
Considering that many are not moving and pulling out to liquidity (taking profits) could this be considered part of a conspiracy to get folks to take gains and pay taxes on them??
Just my mind wondering.
I am standing pat, was pretty conservative any way.
I have stopped funding my 401K past matching by the company and putting that towards a rental condo in Orange Beach that we picked up considerably lower than appraisal. I am confident it will cash flow and grow in value over the next five years.
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I like that play, I'm long real estate investing right now at least as it relates to income producing properties purchased subsequent to the subprime bubble.