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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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23911347 No.23911347 [Reply] [Original]

Is owning real estate the best form of tax evasion?

>> No.23911364

>>23911347
its the easiest

>> No.23911375

No, but living in the Bahamas like Sergey Chainstink is

>> No.23911379

>>23911347
>getting mad because it’s chipotle
I dunno I love that shit, why isn’t she excited?

>> No.23911392

>write off like everything in deductions and actually get paid to own the place

possibly.

>> No.23911393

What a bitch

>> No.23911399
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23911399

>>23911379
tfw no stubborn gook gf

>> No.23911569

>>23911347
Imagine spending time to film this.

>> No.23911601

>>23911399
tfw no girlfriend because Ive made so much in crypto and stonks that Im afraid that women are going to try to rape me of my wealth

>> No.23911622

>>23911601

They're only entitled to money made while you're married.

>> No.23911639
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23911639

>>23911379
he should've taken her to Moe's Southwest Grill instead.

>> No.23911741

>>23911639
Bros....would you rather get divorced and never see your son ever again OR stay painfully married as she cheats on you constantly and demoralizes you but you get to see your son everyday.

>> No.23911763

>>23911622
Dude, he’s obviously afraid of attracting gold diggers, quit being dense

>> No.23911798

>>23911741
When you get married just bring up casually what you would do if she ever cheats on you or steps out of line.

>> No.23911825

>>23911798
w-what would you do

>> No.23911855

>>23911763

And I'm telling him that he doesn't necessarily have to fear that just because he's dating someone now, she isn't entitled to assets made while they aren't married and he can pump and dump to his heart's desire.

However I know the real reason is because he's a sperg and doesn't know how to get women and he's just coping so take it for what it's worth

>> No.23911883

How come Asian women have the worst feet? Like, they're literally flat footed monkey feet. It looks like they can use those things to climb a fucking tree. It's so gross. Zero arch, tiny stumpy toes, and most of the time it looks like they have no nails. Asians women are lowtier on the feet chart.

>> No.23911940

>>23911883
Foot binding ingrained itself into their dna. Many such cases!

>> No.23911945

>>23911883
foot fags get the rope

>> No.23912099
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23912099

>>23911622
>He doesn't know what palimony is

>> No.23912108

>>23911399
Trust me, you're not missing out.
I've got rings under my eyes.

>> No.23912137

>>23912099

That requires marriage, for a good period of time, and proof on her part that she's become entirely dependent on you in that time period which is impossible if she kept a job. It isn't really that common because we don't have housewives anymore.

If you keep a housewife for like 10 years sure... then you can start worrying about your income.

>> No.23912148
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23912148

>>23911883
Dude what are you talking about? Afw4u

>>23911945

>> No.23912214

>>23911347
>what is property tax

>> No.23912254

Yes

I have plots of rural land that i am constantly writing off garbage through shady contractors i know. Tree trimming..clearing..scraping.

Work never happens but the write offs do

Taxes are for plebs

>> No.23912266

>>23911639
thank god someone on this site has some class

>> No.23912301

>>23911347
Not american here
Is that a redneck restaurant or something?

>> No.23912334

>>23911825
I always say that I would kill her and his lover.
She gets mad because she really doesn't understand why I would kill the lover too lmao

>> No.23912373

>>23911741
Divorce is a sin. Shouldn't have married a harlot

>> No.23912534

>>23911347
>>23911364
>>23911392
How do you do this bros? And what's the best way to buy property.

>> No.23912617

>>23912137
I thought palimony doesn't require marriage just living together

>> No.23912652

>>23912617

That isn't a thing in the United States, I thought you typo'd alimony

>> No.23912683

>>23912534

The best way to get started is by buying a duplex, living in one side, renting out the other. Most of your payment is provided for by the rent, and you learn the basics of property ownership and landlording in a small, digestible amount.

And the down payment is as low as 3.5% since you're occupying the place.

>> No.23912719

>>23912652
Yeah I replied just in case you thought I was saying alimony. Anyways bullshit such as palimony will be a common thing in your place in the future.

>> No.23912761

>>23911347
lol I thought he was going to drive around the block and come back home and tell her to get in the kitchen

>> No.23912781

>>23912683
Thanks bro.
Could a similar practice apply to commercial property?

>> No.23912804

>>23912781

Commercial is not a good idea for a beginner. It's trickier regulations wise and the vacancies can be extended before you find another business tenant. I'm never even going to bother with that stuff, it's for big money.

>> No.23912869

>>23912683
Duplex idea is retarded, that market is saturated with buyers.

There's an easy way to get a high cap rate on a centrally located single family home in the city.

You basically buy an undesirable property is a wealthy neighborhood and build an ADU. Bonus points if you can get a permit for an RV and rent that out too. 3 units in 1.

>> No.23912885

>>23911601
Bitch we can make our own fucking wealth, u still in crypto, we moved to defi, ALBT, RAMP. Boy bye

>> No.23912901

>>23912804
Ahh, I see. What about buying the property for your own business? Does the same still apply.

>> No.23912905

>>23912869

News to me since that's how I got started and continue to buy properties while raking cash. Go ahead and pitch your aggressive/complicated idea to a beginner though I'm sure that'll work out well. Just buy a dumpy property in the middle of a a rich neighborhood anon, it's easy, an army of flippers who already do that don't exist.

>> No.23912908

>>23911798
Or steps out of line, wtf, who tf are you, her master?

>> No.23913080

>>23911825
Get rich, how? Invest when u young in Albt, ramp and other shit, and in a few yrs

>> No.23913503

>>23912254
How do they keep the income off their books?

>> No.23913628

>>23912908
Yes. And your relationship will never work if you aren't. Grow up, zoomer.