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02-22-2019, 09:48 AM #61
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02-22-2019, 09:56 AM #62
- Join Date: Nov 2007
- Location: Vancouver, Phaggotdog, Canada
- Posts: 3,636
- Rep Power: 4373
It's a tricky question. I have lived in each unit for a year, so in Canada you should be able to sell the units without triggering tax.
I pay tax on the rental income, but the properties have not appreciated much. So let's say I did have to pay capital gains, it would only be on the gains, which have regrettably been small
The housing development project I am working on I will pay heavy taxes on, and because I am nervous of the market I haven't included the future value of this project into my calculation. FWIW, I estimate 3-400k profit on this, before taxes.I was doing some bench and beside me was man 1 doing bench too. Out of nowhere comes man 2, and this word for word what they said to each other. With no expression or emotion in their voice
man 2: you gettin dat muney *****?
man 1: you know I'm getting dat muney *****
man 2: aight keep gettin dat muney *****
man 1: you know I keep gettin dat muney *****
http://www.youtube.com/watch?v=LgcHtEoyhp4
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02-22-2019, 09:57 AM #63
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02-22-2019, 10:00 AM #64
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02-22-2019, 10:04 AM #65
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02-22-2019, 10:06 AM #66
- Join Date: Apr 2015
- Location: Atlanta, Georgia, United States
- Age: 30
- Posts: 12,609
- Rep Power: 174315
That's not exactly what I meant, but if it's true than gjdm you're a lot richer than me and 900K in stocks is balling
But, most will not believe you just throwing out a bunch of assets with values assigned to them. Proof of some of these would be impressive.
See what I mean**Georgia Crew**
**Mechanical Engineering Crew**
**2018 Aesthetics Crew**
01/02/2018 - 202.2 lb.
Current - 181.4 lb. (1/23/18)
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02-22-2019, 10:08 AM #67
- Join Date: Nov 2007
- Location: Vancouver, Phaggotdog, Canada
- Posts: 3,636
- Rep Power: 4373
I was doing some bench and beside me was man 1 doing bench too. Out of nowhere comes man 2, and this word for word what they said to each other. With no expression or emotion in their voice
man 2: you gettin dat muney *****?
man 1: you know I'm getting dat muney *****
man 2: aight keep gettin dat muney *****
man 1: you know I keep gettin dat muney *****
http://www.youtube.com/watch?v=LgcHtEoyhp4
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02-22-2019, 10:09 AM #68
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02-22-2019, 10:14 AM #69
- Join Date: Nov 2007
- Location: Vancouver, Phaggotdog, Canada
- Posts: 3,636
- Rep Power: 4373
I was doing some bench and beside me was man 1 doing bench too. Out of nowhere comes man 2, and this word for word what they said to each other. With no expression or emotion in their voice
man 2: you gettin dat muney *****?
man 1: you know I'm getting dat muney *****
man 2: aight keep gettin dat muney *****
man 1: you know I keep gettin dat muney *****
http://www.youtube.com/watch?v=LgcHtEoyhp4
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02-22-2019, 10:21 AM #70
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02-22-2019, 10:22 AM #71
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02-22-2019, 10:22 AM #72
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02-22-2019, 10:26 AM #73
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02-22-2019, 10:26 AM #74
- Join Date: Nov 2007
- Location: Vancouver, Phaggotdog, Canada
- Posts: 3,636
- Rep Power: 4373
No I was expecting to get negged hard and I think I did. I mean 100k a year is **** but when I had no money I was pretty dick hard for that amount.
Well, you can do it anywhere, hence it being mostly online. I have a fulfilment team in my city but they are mostly autonomous. I can spend less than a week at home every month and the rest travelling and as long as I have my laptop I will be OK. This is just for that business though, as the other projects I have taken on will get ****ed if I'm too busy skulling Chang beers in koh tao when **** hits the fanI was doing some bench and beside me was man 1 doing bench too. Out of nowhere comes man 2, and this word for word what they said to each other. With no expression or emotion in their voice
man 2: you gettin dat muney *****?
man 1: you know I'm getting dat muney *****
man 2: aight keep gettin dat muney *****
man 1: you know I keep gettin dat muney *****
http://www.youtube.com/watch?v=LgcHtEoyhp4
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02-22-2019, 10:30 AM #75
- Join Date: Nov 2007
- Location: Vancouver, Phaggotdog, Canada
- Posts: 3,636
- Rep Power: 4373
I was doing some bench and beside me was man 1 doing bench too. Out of nowhere comes man 2, and this word for word what they said to each other. With no expression or emotion in their voice
man 2: you gettin dat muney *****?
man 1: you know I'm getting dat muney *****
man 2: aight keep gettin dat muney *****
man 1: you know I keep gettin dat muney *****
http://www.youtube.com/watch?v=LgcHtEoyhp4
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02-22-2019, 10:48 AM #76
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02-22-2019, 11:08 AM #77
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02-22-2019, 11:10 AM #78
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02-22-2019, 11:39 AM #79
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02-22-2019, 11:57 AM #80
4 mil at 28?
i do not believe you op. good for you though for having dreams
edit: you're in property ok makes sense, so you have 4mil in assets
so you're expecting me to believe you're not in debt for ANY of these properties? at 28? bs, unless you've been promoted to ceo of your little plane company or daddy gave you a helping hand to get started
im on track to make $150k this year at 25. like you, i am also in debt. once that is cleared it will still be a decade before i make even near what youre talking about
you cant simply generate 4mil from your salary, unless someone lends you BIG money to rent BIG properties. a bank won't do that without serious upfront cash, hence daddy. prove me wrong.Motorcycle Crew
Beard Crew
8.5/10 wife or bust crew
Deliverer of bad news crew
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02-22-2019, 12:05 PM #81
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02-22-2019, 12:06 PM #82
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02-22-2019, 12:27 PM #83
- Join Date: Nov 2007
- Location: Vancouver, Phaggotdog, Canada
- Posts: 3,636
- Rep Power: 4373
I was doing some bench and beside me was man 1 doing bench too. Out of nowhere comes man 2, and this word for word what they said to each other. With no expression or emotion in their voice
man 2: you gettin dat muney *****?
man 1: you know I'm getting dat muney *****
man 2: aight keep gettin dat muney *****
man 1: you know I keep gettin dat muney *****
http://www.youtube.com/watch?v=LgcHtEoyhp4
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02-22-2019, 12:27 PM #84
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02-22-2019, 12:31 PM #85
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02-22-2019, 12:32 PM #86
- Join Date: Nov 2007
- Location: Vancouver, Phaggotdog, Canada
- Posts: 3,636
- Rep Power: 4373
I was doing some bench and beside me was man 1 doing bench too. Out of nowhere comes man 2, and this word for word what they said to each other. With no expression or emotion in their voice
man 2: you gettin dat muney *****?
man 1: you know I'm getting dat muney *****
man 2: aight keep gettin dat muney *****
man 1: you know I keep gettin dat muney *****
http://www.youtube.com/watch?v=LgcHtEoyhp4
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02-22-2019, 12:59 PM #87
- Join Date: Nov 2007
- Location: Vancouver, Phaggotdog, Canada
- Posts: 3,636
- Rep Power: 4373
I was doing some bench and beside me was man 1 doing bench too. Out of nowhere comes man 2, and this word for word what they said to each other. With no expression or emotion in their voice
man 2: you gettin dat muney *****?
man 1: you know I'm getting dat muney *****
man 2: aight keep gettin dat muney *****
man 1: you know I keep gettin dat muney *****
http://www.youtube.com/watch?v=LgcHtEoyhp4
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02-22-2019, 01:08 PM #88
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02-22-2019, 01:12 PM #89
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02-22-2019, 01:14 PM #90
- Join Date: Nov 2007
- Location: Vancouver, Phaggotdog, Canada
- Posts: 3,636
- Rep Power: 4373
I was doing some bench and beside me was man 1 doing bench too. Out of nowhere comes man 2, and this word for word what they said to each other. With no expression or emotion in their voice
man 2: you gettin dat muney *****?
man 1: you know I'm getting dat muney *****
man 2: aight keep gettin dat muney *****
man 1: you know I keep gettin dat muney *****
http://www.youtube.com/watch?v=LgcHtEoyhp4
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