Quote:
Originally posted by PornBroker
Well, I don't know how things work on your side of the world, but my house appreciates in value by $A100-150k per year tax free.
What is that if it's not an investment asset?
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First tell me were do you live, what's the value of your house, how much mortgage, real estate taxes, insurance and maintenance fees do you pay per year, the I'll be able to give a better answer. Btw, are the other houses in your neighbourhood also increasing by $100-150K per year? If yes, you are not exaclty making , more like you will be losing money when you'll sell it for another house....