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      01-25-2017, 09:50 AM   #45783
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After speaking to my realtor the market in this area is in a good position and comps are showing about $30k more than I paid for the house a year and a half ago, so will likely just sell it and start all over. Not worth renting and all the "what ifs".

That's a good way to put it, thanks for that. Supposed to have a call with my manager today to go over some more things so I'll try to lay it out like that and see how he responds.
I'm not 100% sure if it's just FL or Federal, but down here, if you don't own your house for at least 2 years you'll have to pay capitol gain taxes on the sale. Might be worth it to rent it for a year before selling it. Hell, it might be worth letting it sit vacant until 2 years is up depending on what the tax hit will be.

Of course if you have renovation expenses that equal the gain over the purchase price, it will offset.

Check with one the resident tax heads here.
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      01-25-2017, 09:52 AM   #45784
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Beer? I love beer. It's my favorite meal. Sometimes accompanied with a side sandwich every now and then.

Curious to check out the area. You'll have to show me the nicer places to stay, want to find a hot cougar this time around.
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      01-25-2017, 09:55 AM   #45785
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Quote:
Originally Posted by Mr Tonka View Post
I'm not 100% sure if it's just FL or Federal, but down here, if you don't own your house for at least 2 years you'll have to pay capitol gain taxes on the sale. Might be worth it to rent it for a year before selling it. Hell, it might be worth letting it sit vacant until 2 years is up depending on what the tax hit will be.

Of course if you have renovation expenses that equal the gain over the purchase price, it will offset.

Check with one the resident tax heads here.
I honestly would have never thought of this. Is it something the realtor should know? The guy that sold me the house was just doing it as a side gig but has helped out a bit with questions already.

The two year mark would be May, so three months away. Could just foot the bill if that is the case.
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      01-25-2017, 10:18 AM   #45786
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Axius you should move to a state like Kansas/Nebraska, tons of down to earth, low maintenance hot chicks.
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      01-25-2017, 10:29 AM   #45787
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Beer? I love beer. It's my favorite meal. Sometimes accompanied with a side sandwich every now and then.

Curious to check out the area. You'll have to show me the nicer places to stay, want to find a hot cougar this time around.
Admittedly, I don't know where the cougars hang out. But I can tell you Larry Flynt's Hustler Club is my favorite strip club in the area.
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      01-25-2017, 10:32 AM   #45788
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Axius you should move to a state like Kansas/Nebraska, tons of down to earth, low maintenance hot chicks.
The other option was actually Kearny Nebraska, but I have a feeling this facility will be nicer and it's a chance to move closer to home.

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Admittedly, I don't know where the cougars hang out. But I can tell you Larry Flynt's Hustler Club is my favorite strip club in the area.
We're gonna get along just well.
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      01-25-2017, 10:54 AM   #45789
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Quote:
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I honestly would have never thought of this. Is it something the realtor should know? The guy that sold me the house was just doing it as a side gig but has helped out a bit with questions already.

The two year mark would be May, so three months away. Could just foot the bill if that is the case.
If you didn't put much money into the renovations it likely would be. Ask an expert, from a quick search looks like it could be anywhere from $7000k to $0. But worth checking into. Don't want to get hit with a $7k surprise.
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      01-25-2017, 11:04 AM   #45790
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If you didn't put much money into the renovations it likely would be. Ask an expert, from a quick search looks like it could be anywhere from $7000k to $0. But worth checking into. Don't want to get hit with a $7k surprise.
Didn't really put much in to be honest. Just a bunch of minor things. Thanks for the input though, I'll definitely look into it because would be nice to walk away with a decent chunk of money before moving.
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      01-25-2017, 11:08 AM   #45791
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The other option was actually Kearny Nebraska, but I have a feeling this facility will be nicer and it's a chance to move closer to home.



We're gonna get along just well.
You'd find you some nice girl who grew up on a farm and appreciate hard work in Nebraska.
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      01-25-2017, 11:22 AM   #45792
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You'd find you some nice girl who grew up on a farm and appreciate hard work in Nebraska.
Not worried about finding a girl that appreciates hard work, just a play friend. Women are too much trouble to keep around for durations of time.
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      01-25-2017, 11:27 AM   #45793
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I'm so happy to see this bromance developing! And congrats, Ax!
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      01-25-2017, 11:28 AM   #45794
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Not worried about finding a girl that appreciates hard work, just a play friend. Women are too much trouble to keep around for durations of time.
If you find one that you really like, you'll put up with it.
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      01-25-2017, 11:33 AM   #45795
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I'm so happy to see this bromance developing! And congrats, Ax!
LOL, it's fun meeting members, now one is stuck with me closer than ASB. Thanks! Gonna be another new adventure.

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If you find one that you really like, you'll put up with it.
Appreciate your optimism, but it's highly doubtful.
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      01-25-2017, 11:44 AM   #45796
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I'm so happy to see this bromance developing! And congrats, Ax!
You can't come and go as you please.
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Originally Posted by Axius View Post
LOL, it's fun meeting members, now one is stuck with me closer than ASB. Thanks! Gonna be another new adventure.
We just need trvplvrdBOI to join us and we will have the greatest story in bimmerpost history.

"So a white guy, a black guy and an Arab guy walk into a bar..."
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      01-25-2017, 11:56 AM   #45797
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But I'm not black
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      01-25-2017, 12:00 PM   #45798
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Quote:
Originally Posted by silvergray545 View Post
Quote:
Originally Posted by bimmette View Post
I'm so happy to see this bromance developing! And congrats, Ax!
You can't come and go as you please.
Quote:
Originally Posted by Axius View Post
LOL, it's fun meeting members, now one is stuck with me closer than ASB. Thanks! Gonna be another new adventure.
We just need trvplvrdBOI to join us and we will have the greatest story in bimmerpost history.

"So a white guy, a black guy and an Arab guy walk into a bar..."
You're missing an Asian. I'll visit someday.
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      01-25-2017, 12:34 PM   #45799
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      01-25-2017, 12:36 PM   #45800
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But I'm not black
Well played.
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You're missing an Asian. I'll visit someday.
Ax moves to Cleveland and now you want to visit...
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      01-25-2017, 12:42 PM   #45801
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Quote:
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You're missing an Asian. I'll visit someday.
Quote:
Originally Posted by silvergray545 View Post

Ax moves to Cleveland and now you want to visit...
It's as cruel as Canadians get.

Pretty cruel isn't it?

But hey, at least you now know where you stand on the totem pole on the plus side.
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      01-25-2017, 12:42 PM   #45802
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Quote:
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Ax moves to Cleveland and now you want to visit...
It's a bluff, she didn't even want to visit here in NC.


FUCK. Taking the motorcycle to the shooting range right now..., in January..., gonna miss this state so much it's not even funny.
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      01-25-2017, 12:53 PM   #45803
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Quote:
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It's as cruel as Canadians get.

Pretty cruel isn't it?

But hey, at least you now know where you stand on the totem pole on the plus side.
I'm not at all surprised.
Quote:
Originally Posted by Axius View Post
It's a bluff, she didn't even want to visit here in NC.


FUCK. Taking the motorcycle to the shooting range right now..., in January..., gonna miss this state so much it's not even funny.
Yeah, my Ms have been in storage for the last couple months now. December-February are a bust. You might get a little riding time in November and March if the weather is good.

Last edited by silvergray545; 01-25-2017 at 02:14 PM..
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      01-25-2017, 12:58 PM   #45804
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I'm originally from metro Detroit, so weather expectations are not high by any means. Just bummed.
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