|
During the boom the first house I built was appreciating at a rate of $500 a week. When sold the profit was tax free and paid for the house we live in now. Without house payments or car payments, we file a simple tax return and get the standard deductions and exemptions without any payments.
If it was my choice only I would build one more house, out in the boonies, completely off the grid, but the wife thinks living near a Wal Mart is one of lifes necessities. She has no ability to visualize the future.
regards
Mech
|