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all of this talk of socialism
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[QUOTE]Originally posted by Propertymanager: [QB] [QUOTE]the (mis)use of continental dollars led to a gold standard, which we never should have left IMO..[/QUOTE]I agree! [QUOTE]We are not turning into a one party classless society that has big business being totally state owned... the state/Gov't are part owners in some and lenders for others with money having to be paid back...[/QUOTE]You really didn't think that socialism would happen all at once - did you? [QUOTE]But to equate people in their individual homes to corporations/stock is a great leap...and kinda weird.[/QUOTE]It's a BUSINESS! The rental property is an income generating asset - nothing more, nothing less. The tenants are customers - nothing more, nothing less. I don't have an emotional attachment to my property or my tenants. [QUOTE]And the use of section 8 funds comparing it to cash flow and rental income to dividends[/QUOTE]Cash flow is rents - expenses - debt. Section 8 is nothing more than rents that are paid by YOU. Rental income is just more gross income, whether paid by the tenant or by you. [QUOTE]buying on margin too.... hmmmm.......OPM... don't the rich always advocate that?[/QUOTE]That's the way to make money. [/QB][/QUOTE]
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