"HKrause" wrote in message
...
Bert Robbins wrote:
"HKrause" wrote in message
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Bert Robbins wrote:

"HKrause" wrote in message
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Bert Robbins wrote:


"HKrause" wrote in message
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NOYB wrote:



"HKrause" wrote in message
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My retired buddy in Costa Rica sent this along...great biz
opp...anyone know a dentist who might want to partner?



Club Doll House

Codigo / Code: 00165
Tipo / Type: Comercial
Provincia / Province: SanJosé
Ciudad / City: San Jose
Precio / Price:$550,000.00


Did they include a balance sheet? I'd like to inspect the ASSets
and liabilities.




I'm sure I could get a spreadsheet.


If the business is located in the US have them get a copy of their
schedule E from the IRS and then look it over. Nobody lies to the IRS
about income and expenses.





Uh, Bert...it's a Costa Rican adult fun house. In Costa Rica.


And how are you going value your new acquisition?


We're just talking about the fun part now. I wonder if you can depreciate
the inventory?



What about consuming all of the profits?



Well, there's that, too.

All seriousness aside, life is pretty good in Costa Rica for US ex-pats.
Stable government, decent and cheap health insurance, nice climate, some
interesting properties available at low prices. My buddy who moved there
after he retired bought a small "failed" coffee plantation. Not a big
place. It was really inexpensive. I suggested he change his name to Juan
Valdez but so far he has resisted.

As long as you keep your money in US financial institutions you should be
ok.