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  1. M

    The Single-Family Home Tax Shelter Myth

    Of course, this is ET, the home of excess returns and above average performance on your investments. As I have said, a model can be created that would support both positions, both RENT and BUY. Will there be individual exceptions? Of course there will. Because everyone's situation is a...
  2. M

    The Single-Family Home Tax Shelter Myth

    Why will a pullback cause an increase in foreclosures....BTW you said significant increase? That alone will not trigger foreclosures. What will trigger foreclosures is a change in the economy, a prolonged recession, where jobs are lost and people are unable to make payments. Let's say you are...
  3. M

    The Single-Family Home Tax Shelter Myth

    I have not insulted anyone...nor have I made any false claims! I even stated that the easy money in realestate has been made and that going forward one needs to find deals to make it work. Either a don't wanter, who will sell at a discount or favorable terms, or a fixer, where you put in...
  4. M

    The Single-Family Home Tax Shelter Myth

    Your opinions are foolhardy....yet another poster on ET who failed to investigate the facts. If you knew anything about either of those two authors, you'd know that complacency is the last thing they want you to be. Both of them want you to become educated and not an imbecile. Kiyosaki...
  5. M

    The Single-Family Home Tax Shelter Myth

    That is just it....ultimately there is no reliable data. The costs will vary greatly by region, type of construction, your willingness to do some work on your own, or pay top dollar to get it done, etc.
  6. M

    The Single-Family Home Tax Shelter Myth

    I started painting houses in high school, then did a few for my dad over the years. I good sprayer, and my time, and I am out only a few hundred bucks for paint. You have gotten to the point where your being silly here....you only see things through rose colored glasses. You are assuming...
  7. M

    The Single-Family Home Tax Shelter Myth

    The truth is, you can create a model to support both positions. From reading this thread, renters truely don't have a handle on what it costs to maintain a home, do you think that as a homeowner you are not going to figure out ways to solve problems without paying top dollar? Example, I...
  8. M

    Fail this question you should give up trading

    Yes....in an hour the bird will have covered 10 more miles, but because both cars are closing the bird will have only made 6 miles between the two cars.
  9. M

    Fail this question you should give up trading

    His mother is the surgeon!
  10. M

    The Single-Family Home Tax Shelter Myth

    Nice work old trader...you have far more patience in dealing with maverick than I do.
  11. M

    A traders shelf life...

    That's a bit of good news.....at what point do I become an old timer? I might still make it afterall.
  12. M

    The Single-Family Home Tax Shelter Myth

    At least his facts were correct....you should definitely invest in a home because I am certain that your return investing in the market will be negative. (you can't even admit when you are wrong, how could you ever honor a stop?) This way you are ensuring that you will have something in 30...
  13. M

    A traders shelf life...

    Or maybe they are making money and realize that they don't have time for the negative garbage that is all too common on ET. :) Worse yet, they think they have discovered some "secret" system and don't want to share it with anyone.
  14. M

    Fail this question you should give up trading

    The question asks how much miles will the bird fly between the cars after 1 hour. My answer is 6!
  15. M

    Fail this question you should give up trading

    6 miles....is the distance the bird will cover between the cars.
  16. M

    My dilemma - too good to be true? How long can I last?

    How do you choose your stocks cheetohs? Do you have a standardized watch list, or do you focus update that every day to include stocks in the news. As for your run....keep pushing until you start to lose. You have to have an uncle point. That is, in addition to your daily stop, a point...
  17. M

    The one thing we dont need to hear

    How much capital of yours do they have?
  18. M

    The Single-Family Home Tax Shelter Myth

    WTF are you talking about. I have NEVER heard of a margin call on realestate. I just looked over my papers and there is nothing in the loan agreement that states I have to maintain any LTV ratio. Further, PMI insurance covers most of those instances(where the borrower puts up less than 20%...
  19. M

    The Single-Family Home Tax Shelter Myth

    That's someone who didn't pay their mortgage payment....had they paid it.....they would be doing fine today. How many people did that happen to?
  20. M

    The Single-Family Home Tax Shelter Myth

    Where are they today if they continuted to live in that house? 100% gain....200% gain? or more?
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