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NOYB
 
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wrote in message
oups.com...

NOYB wrote:
wrote in message
ups.com...


There are many, many investments that have an equal or greater

return.

Housing prices have averaged an increase of 17-26% in Naples over the

last 6
years. Name a single investment that offered equal or greater

return, with
the same level of risk, *and* a tax deduction.


Not everyone is in Naples, FL, you dimwit!!!
Now, an average increase of 17 to 36% would be all well and fine, if it
were profit. It is not, and if you think it is, you are dumber than I
thought. You'd be better off perpetuating lies about other people, with
your buddies JimH, Fritz, and Smithers.


The equity shows up as a net asset on my Personal Financial Statement. I
can borrow against it. If I sell the house, it goes in my pocket. To put
it simply: it's profit.