InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,221.42
(
-0.02%
)
US TECH 100
17,723.20
(
0.00%
)
Dow Jones
39,431.51
(
-0.21%
)
Brent Oil
83.18
(
-0.04%
)
Bitcoin
61,875.87
(
-1.63%
)
Post# of 196
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

NYBob

Send PM Follow Ignore
Followers 1080
Posts 106501
Boards Moderated 55
Alias Born 11/22/2003

NYBob

Member Level

Re: mick post# 53

Tuesday, 01/02/2007 11:46:26 AM

Tuesday, January 02, 2007 11:46:26 AM

Post# of 196
To 'mick' on 'SONS and DAUGHTERS of BBCMF THE RUSH TO INVEST
in LAND and REAL ESTATE.' -

RE: land , your home____you never really own it. ya pay taxes on it or the local, state, gov't takes it back and sells it or eminent domain takes it.

we die more taxes to be paid on these properties. if no one is living in the family then the gov't owns it.

so all and all we really never own our property. it all owned by the government at our departed end of life.

maybe you can do this message at the land , real estate one and we can refer it to a message to be read about the shrinking dollar.

thanks my friend -

your message is correct - you newer own the land -

you buy it - but you only have the right to improve -
upon the land -

you make improvements - ex. built a house -

your improvements will be up to a new assessment of your land -
and the taxes will be higher -

if you can't make the tax payments -
the uncle sam - takes the land back -
you lose the land -

Ex. you may have forgot payments of the taxes or was sick,
or in another country and forgot your taxes -
you may lose your land -

you never own it -

only have the right to improve upon it -

all improvements become more taxes to pay -

so I do prefer to invest in companies with the richest land
I can find to the best price - my best bet is -

FMNJ - FY2pennies worth dd... the worlds largest and richest -
Silver Mine - Cerro Rico Inca - Au & Ag --

http://www.investorshub.com/boards/board.asp?board_id=5406

btw. the companies are made up - forever -
in princip as a person who never die -
still the stocks are much more easy to sell for a market price -
vs. land - is often more complicated and often takes much more
time to sell for the right market price value -

Happy New Year









Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up