how do you think about real estate tax? that is the only

thing I hate about real estate, for me, real estate is not an asset, but a liability if you do not have a scale like jy101 to make it stands on its own (positive cash flow).

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• If I tell you, that one single property of mine -Conehead- ♂ (84 bytes) () 08/31/2010 postreply 12:49:27

• no, I would not, but I guess you get that property -longterminvestor- ♂ (119 bytes) () 08/31/2010 postreply 14:17:25

• No wonder, since you are in Bay Area ... -Conehead- ♂ (1094 bytes) () 08/31/2010 postreply 15:03:09

• thank you for your advice! well said, but still I would like -longterminvestor- ♂ (371 bytes) () 08/31/2010 postreply 15:20:31

• Impressive ... but are they *net* gains for the years? -Conehead- ♂ (0 bytes) () 08/31/2010 postreply 15:25:33

• I was starting to make money before the crisis after -longterminvestor- ♂ (343 bytes) () 08/31/2010 postreply 15:33:21

• Thank you very much for sharing your experience!!! -IntoTheWild- ♂ (556 bytes) () 08/31/2010 postreply 17:43:40

• Good for you! -Conehead- ♂ (531 bytes) () 08/31/2010 postreply 19:12:59

• Glad for you to find something that -IntoTheWild- ♂ (127 bytes) () 08/31/2010 postreply 20:15:21

• Since you are a fan of Peter Lynch -越王剑- ♂ (160 bytes) () 08/31/2010 postreply 13:49:55

• to be honest, I forgot, can you remind me again? -longterminvestor- ♂ (0 bytes) () 08/31/2010 postreply 14:18:18

• 对！ real estate tax 要加到缺点当中，但如Conehead所说只要有盈利即可 -万枫- ♂ (0 bytes) () 08/31/2010 postreply 15:14:25

• Actually real estate tax is the "best" tax to pay -Conehead- ♂ (79 bytes) () 08/31/2010 postreply 15:29:57

• 这是实情 -万枫- ♂ (0 bytes) () 08/31/2010 postreply 16:31:15