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re: Excluding home equity, the median 40-44 year old has a net worth of just $58,000

Posted on 1/8/24 at 7:35 pm to
Posted by McLemore
Member since Dec 2003
31538 posts
Posted on 1/8/24 at 7:35 pm to
I was intentionally house poor for a long time. Bought a double lot to subdivide and had tenants in in-law suites until we had kids. Subdivided, sold, bought rental properties. So never had much cash on hand.

I assume that is atypical but seemed like the thing to do, to me. Tax advantages, income, long-term equity.
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