How are your investments doing?

[Torvy]

I don’t care for a tax to build or help build a stadium for sports. Let them pay for it themselves. I don’t go or watch it why should I have to help pay for it?

The logic is that they bring in more money than is spent on the tax break.

Maybe, maybe not. As long as the voters get a say, it's up to them.

 

[ultrarunner]

I don’t care for a tax to build or help build a stadium for sports. Let them pay for it themselves. I don’t go or watch it why should I have to help pay for it?

Same here… and the sad part is it’s just business when a team that is always sold out leaves and has tremendous fan support… like the Warriors and Raiders… but the taxes to service the debt continue long after departing…

 

[MossRoad]

I made this video a few months ago. I'd just cleaned it up for a new tenant, and refinished the kitchen and table tops. I built it all 25 years ago. I repainted the exterior at least 4 times, the interior hasn't had much done at all. The teak floor got flooded once and was under 2 feet of water; I didn't even refinish it.

I made the video to advertise it for rental, so the technical parts are mostly not shown.

Nice!

I have a 2013 Impala I paid $15K for that is now worth about $3K and it's moored in my driveway.

 

[MossRoad]

We are very fortunate to live in a low cost of living area. Insurance and property tax run about $225/mo

Can't complain about the cost of living in this state, that's for sure.

 

[MossRoad]

It’s a lifesaver if you can get it.

My brother’s farm doesn’t qualify even with +/- 600k in sales because 65 acres isn’t considered a farm for property tax requirements on his county.

I think he is at 30k property tax and it’s treated as residential single family home with outbuildings and land.

We've got 19+- acres that's zoned agricultural, with residential zoning exemption, so we can build on it if we ever want to. Right now it's in forest.

 

[MossRoad]

On all food?

Minnesota you pay tax on prepared food and drinks with more than 50% sugar or sweetener I believe.

Groceries.
Prepared foods get taxed.

 

[ultrarunner]

We've got 19+- acres that's zoned agricultural, with residential zoning exemption, so we can build on it if we ever want to. Right now it's in forest.

Investments can be thoughtful and executed well but the wild card covers a lot of things from natural and man made disaster, government intervention… etc.

Both my brother and I own property when purchased met all requirements for several homesites and within 20 years that option eliminated by local government action…

Many times I’ve seen dumb luck prevail over smarts…

 

[MossRoad]

Investments can be thoughtful and executed well but the wild card covers a lot of things from natural and man made disaster, government intervention… etc.

Both my brother and I own property when purchased met all requirements for several homesites and within 20 years that option eliminated by local government action…

Many times I’ve seen dumb luck prevail over smarts…

It seems crazy out there, but it's similar along Lake Michigan coast as far as prices go. I've mentioned my wife and I saw a shack for sale in the dunes. Literally a 2 stall garage built into the side of a dune, converted to a 1 bedroom house. Price was something like $35K. Hey, that would be a fun weekend place....

Further investigation revealed $35K was the annual property taxes!

 

[ultrarunner]

It seems crazy out there, but it's similar along Lake Michigan coast as far as prices go. I've mentioned my wife and I saw a shack for sale in the dunes. Literally a 2 stall garage built into the side of a dune, converted to a 1 bedroom house. Price was something like $35K. Hey, that would be a fun weekend place....

Further investigation revealed $35K was the annual property taxes!

OMG

 

[CloverKnollFarms]

People just need to stop living in these places. Actually, they are moving. There has been a net loss in many high taxation locales