luisman replied to the topic Useful Buffett Insight in the forum General Property 13 years, 10 months ago
Hi Steve,In the RESULTS program last year I challenged your perception that median house prices in Australia could reach the $1M mark by 2019.You promised to invite me for dinner if that doesn't eventuate. I will be looking you up then.Cheers.
luisman replied to the topic Property in the USA in the forum Overseas Deals 13 years, 10 months ago
Little facts I know:1. For cash flow positive properties tax on the income depends on the state. Check both the state and the IRS web sites for more information. I believe in Florida the positive cash is not taxed like the earned income is. You do pay porperty tax and this depends on the assessed value of the property which is done in December of…[Read more]