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Short Wave Sportfishing May 18th 07 12:42 PM

Still a big demand for big $$$ boating.....
 
On Fri, 18 May 2007 06:21:50 -0400, HK wrote:

I can tell you that an offer of $2 million was turned down by the owners
of a gas pipeline company for an unused offshore LNG pumping station.


You wouldn't believe what the last developer offered us for our farm.

And he was willing to pay the tax penalties and capital gains taxes
which, to date, would come to roughly $7 million on top of what he
wanted to pay for the property.

Supposedly, cash to boot.

HK May 18th 07 12:49 PM

Still a big demand for big $$$ boating.....
 
Short Wave Sportfishing wrote:
On Fri, 18 May 2007 06:21:50 -0400, HK wrote:

I can tell you that an offer of $2 million was turned down by the owners
of a gas pipeline company for an unused offshore LNG pumping station.


You wouldn't believe what the last developer offered us for our farm.

And he was willing to pay the tax penalties and capital gains taxes
which, to date, would come to roughly $7 million on top of what he
wanted to pay for the property.

Supposedly, cash to boot.



Take the cash and run. Really.
At your age (my age), it's pretty much a sure thing, especially with the
economy heading into the tank. You wanted to move south...go for it.

Short Wave Sportfishing May 18th 07 12:59 PM

Still a big demand for big $$$ boating.....
 
On Fri, 18 May 2007 07:49:13 -0400, HK wrote:

At your age (my age), it's pretty much a sure thing, especially with the
economy heading into the tank. You wanted to move south...go for it.


Nah.

I like this place and I want to turn it over to the kids at some
point. That was the original intention when we entered into the
no-development agreement in the first place.

Besides, we already have a place down south.


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