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Johnny Falcon
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« on: January 13, 2009, 04:19:40 PM » |
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i have some people in the 'family' that are going to be selling me some property rather than cashing in and paying that 50 percent capital gains tax
im already in the 20 percent tax bracket and know that working on properties is a chore like anything else. but im thinking for the benefit ect it is the best buisness to be in
investing in gold is out of the question ...so if i were to sell some shitty properties (ill probably hold on to them because its hard to trade for some better properties) what would be something to invest in so i dont have the heavy 50 percent tax burden if i were to sell and cash in
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A-FREE-CAN
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JOHN MATRIX
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« Reply #1 on: January 13, 2009, 04:20:59 PM » |
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just cash it in and spend it on fine assed hoes
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Johnny Falcon
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« Reply #2 on: January 13, 2009, 04:22:17 PM » |
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just cash it in and spend it on fine assed hoes
well JOHN , Johny is going to live a very long time so he needs to invest to support his ho habits for a life time |
A-FREE-CAN
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Sharma
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« Reply #3 on: January 13, 2009, 04:25:16 PM » |
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It's all about timing. Nasser sold his home in the boom times for multi million dollars and made a tonne of money. Now that global property is weakening it could be a good to time to buy into foreign property and get some real good bargains. US dollar is stronger against the British pound and Australian dollar now.
Property is still a decent investment if:
you buy in low and can afford to wait.
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Johnny Falcon
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« Reply #4 on: January 13, 2009, 04:27:43 PM » |
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It's all about timing. Nasser sold his home in the boom times for multi million dollars and made a tonne of money. Now that global property is weakening it could be a good to time to buy into foreign property and get some real good bargains. US dollar is stronger against the British pound and Australian dollar now.
Property is still a decent investment if:
you buy in low and can afford to wait.
i would have to hire a property manager over sees then to look over and make repairs on the property. this is certainly out of the budget maybe not out of nassers or derke anthonky budgest |
A-FREE-CAN
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Sharma
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« Reply #5 on: January 13, 2009, 04:30:51 PM » |
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you would get a company to look after everything : your tennants , dealing with the property , the contracts etc. typically they take about 10-15% of income but you can hammer them down now.
my uncle owns 3 houses in CA and 2 in central london just doing this and he is going to buy more.
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John W
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« Reply #6 on: January 13, 2009, 04:31:22 PM » |
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solar power farms.
get some land in Arizona, build you own there, sell the power back to the grid
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Johnny Falcon
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« Reply #7 on: January 13, 2009, 04:34:26 PM » |
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thanks for the ideas bros
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A-FREE-CAN
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titusisback
Getbig IV
Gender: 
Posts: 3325
Team Honey Badger
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« Reply #8 on: January 13, 2009, 04:35:00 PM » |
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could be a good to time to buy into foreign property and get some real good bargains. US dollar is stronger against the British pound Considering JF's 20% tax bracket and property prices in UK, JF propably has the budget to purchase a dog house in London. |
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fathead
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« Reply #9 on: January 13, 2009, 04:36:57 PM » |
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call that madoff dude
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Sharma
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« Reply #10 on: January 13, 2009, 04:38:32 PM » |
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Considering JF's 20% tax bracket and property prices in UK, JF propably has the budget to purchase a dog house in London.
maybe, i dont know his finanacial circumstances but i think he said he is a property developer . i know it sounds crazy but if you find the right place for , obviously, the right (low) price there is still money to made in this field. long term, it is actually good news for those with any liquid finance availble. |
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The GodFather
Time Out
Getbig IV
Posts: 1076
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« Reply #11 on: January 13, 2009, 04:39:15 PM » |
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Get an IFBB Pro card and you will NEVER have another Financial Worry.Those Fukkas all love TAX Free dollars.Oh and Chick says the IFBB is a Non Profit org like a Fukin Charity.FFS  |
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danielson
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« Reply #12 on: January 13, 2009, 05:12:39 PM » |
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i have some people in the 'family' that are going to be selling me some property rather than cashing in and paying that 50 percent capital gains tax
im already in the 20 percent tax bracket and know that working on properties is a chore like anything else. but im thinking for the benefit ect it is the best buisness to be in
investing in gold is out of the question ...so if i were to sell some shitty properties (ill probably hold on to them because its hard to trade for some better properties) what would be something to invest in so i dont have the heavy 50 percent tax burden if i were to sell and cash in
Is the property valued at more than $250,000? |
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Emmortal
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« Reply #13 on: January 13, 2009, 05:30:03 PM » |
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Johnny Falcon
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« Reply #14 on: January 13, 2009, 05:40:55 PM » |
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Is the property valued at more than $250,000?
no |
A-FREE-CAN
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Johnny Falcon
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« Reply #15 on: January 13, 2009, 05:42:03 PM » |
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damn 1101 and 65 million dollars, this will be a great place to start my antechrist foundation |
A-FREE-CAN
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QuakerOats
Time Out
Getbig V
Posts: 13675
bring amberlamps!!!
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« Reply #16 on: January 13, 2009, 05:42:24 PM » |
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dr.chimps
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« Reply #17 on: January 13, 2009, 06:11:07 PM » |
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'A man without land is nobody, Duddy.'
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cheftim
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« Reply #18 on: January 13, 2009, 06:19:28 PM » |
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you would get a company to look after everything : your tennants , dealing with the property , the contracts etc. typically they take about 10-15% of income but you can hammer them down now.
my uncle owns 3 houses in CA and 2 in central london just doing this and he is going to buy more.
Thats the same thing I do. Piece of cake. Management company handles everything. |
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QuakerOats
Time Out
Getbig V
Posts: 13675
bring amberlamps!!!
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« Reply #19 on: January 13, 2009, 06:20:57 PM » |
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Thats the same thing I do. Piece of cake. Management company handles everything.
adding "real estate mogul" to the resume of 35K bonus and jet setting chef/Hollywood starlet fuccker now?  |
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nukkaready
Getbig III
Posts: 885
Getbig!
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« Reply #20 on: January 13, 2009, 06:22:31 PM » |
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It's all about timing. Nasser sold his home in the boom times for multi million dollars and made a tonne of money. Now that global property is weakening it could be a good to time to buy into foreign property and get some real good bargains. US dollar is stronger against the British pound and Australian dollar now.
Property is still a decent investment if:
you buy in low and can afford to wait.
tonne... the German word for ton... Nasser speaks fluent German... oh well.... |
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cheftim
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« Reply #21 on: January 13, 2009, 06:24:23 PM » |
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adding "real estate mogul" to the resume of 35K bonus and jet setting chef/Hollywood starlet fuccker now? I've been working my whole life. No wife and no kids. Been saving my money. I'm not rich. But I'm by no means broke. |
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Kegdrainer
Getbig IV
Gender:
Posts: 1997
team yeah buddy
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« Reply #22 on: January 13, 2009, 06:36:18 PM » |
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what will be the use of buying property once the falcon has ascended to his reptillian master form? By then you should be able to make your own currency like the snake god Thulsa Doom?
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TechnoViking
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« Reply #23 on: January 13, 2009, 07:09:27 PM » |
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'A man without land is nobody, Duddy.'
No man actually owns his land...It is rented and can be taken away anytime... |
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dr.chimps
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« Reply #24 on: January 13, 2009, 07:14:29 PM » |
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No man actually owns his land...It is rented and can be taken away anytime...
So much for today's literature reference of the day. No homework. Class dismissed. |
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