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.

"NOYB" wrote in message
nk.net...

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.

Once again asslicker shows why he is the "King of the NG idiots"

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.


**********************

If you sell the house it goes in your pocket for as long as you're
happy to live in a tent, or a mobile home. :-)

Fact is, unless you are willing to lower your standard of living by
moving to an older, smaller home in a crappier neighborhood you will
take all those sales dollars, and possibly more, to *replace* the house
you just sold.

Real estate is a good investment, but a primary residence is not
considered investment property.