 Kannekt Forum Index Real Estate Discussion  6 figure gain, tax fee
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6 figure gain, tax fee | #1 |
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Anonymous
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Re: 6 figure gain, tax fee | #2 |
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Anonymous
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Renters. dismiss this comp. Although annoying, it is not a good comp, so ignore it.
Instead, internalize crashing real estate prices while ignoring S&P index that is inconveniencing many renter people today. |
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Re: 6 figure gain, tax fee | #3 |
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Anonymous
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This unit was bought at the middle of the hype. NNJ peak ended in early 2008. This unit also had a decent amount of renovations to it. I know - because we looked at it. Taxes were just too high for us. I still think the seller may have made 100k on it though because from what we could tell only the kitchen and bathrooms were re-done. Don't think this was a straight buy a sell. Also factor in realtor commissions.
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Re: 6 figure gain, tax fee | #4 |
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Anonymous
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Here is a potential gain of 50+ % gain from today's levels.
http://www.foxnews.com/story/0,2933,589377,00.html?mep |
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