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treit2002

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treit2002

Re: slyestjester post# 27843

Sunday, 01/27/2013 8:32:07 PM

Sunday, January 27, 2013 8:32:07 PM

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Jester,

Read thru the thread for the 40% --- it was a reply to you.

Capital development expense is not equity. I am not talking about return on equity. Land value is irrelevant. Marginal has the same meaning as in marginal tax bracket.

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