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re: To sell or not to sell commercial property?
Posted on 1/28/24 at 1:33 pm to Im4datigers
Posted on 1/28/24 at 1:33 pm to Im4datigers
quote:
Im4datigers
Good stuff. Thanks.
1
Posted on 1/28/24 at 1:59 pm to Mohican
quote:
That's good money. It's not a life changing amount though.
Dude, taxes aside, in the situation presented, that’s life changing money. Even after taxes.
If he clears $400k, 8% a year for 20 years gives him close to $2mm in 20 years. No way that property is going to appreciate like that.
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