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[mbwright]

Looks like that Clifton house is on the market, slightly more than it was before.http://www.zillow.com/homedetails/5454-Grove-Ave-Jacksonville-FL-32211/44530892_zpid/

[Gunnar]

Aren't the palm trees planted a bit too close to the pool ?

[Kerry]

funding gay rights wine nights isn't job creation nor investing ... and I would be very curious to know what it is exactly you do, if anything at all. am willing to bet you have soft hands and like to peel some off the top when you move money from one person's account to another.

Aw youre cute. No student here. As you said earlier some men are still self sufficient and can do things themselves.  I've used that skill set to accumulate enough rental property to where I pay the tax collector 16-17k/yr in property taxes, not counting my primary. 

I financed that with other endeavors enabled by the fact that I have a valuable set of skills and an education.  Im one of the people who pays for your healthcare and your subsidized loan.

And for the record straight fella here, but my gay friends are by far the most fun.  A gay rights wine night?  Great idea! I'll dm you

LOL - so you are one of those rich people making money on the backs of the poor by overcharging them on rent.  Congrats.  Also, you didn't build that rental empire so stop taking credit for it.  The village built your wealth.  I assume you write off the expenses related to your rental empire but then tell people you are for the rich paying their fair share.  Hypocrite much?

See how this game works?

[Kerry]

actually most of my rentals are well below market rent for their area and I haven't jacked up rent because for the most part I have good tenants who pay on time.  absolutely none are above market rent.  but nice totally false assumption.  your "fat cat" rage is so 2008.

Bu yes I do write off my expenses and depreciate assets.  I also pay my taxes and don't bitch about it.  That's the difference, and why I'm not hypocritical at all.

its not my fault people today are trapped being renters- the reason is everyone spends every other dime they make consuming goods the internet has convinced them they need and eating out every meal.

if a mortgage is about the same as rent, cut some expenses, get to saving and buy a house like people used to.

If blaming the poor person for being poor helps you sleep at night...  All I know is you are rich and have poor renters.  Don't know how people get rich off poor people without exploiting them but I guess you found a way.  I imagine it has to be hard to afford a house as a poor person when rental moguls are buying up all the available housing stock and then charging neighborhood residents enough to cover the mortgage and profit.

[vicupstate]

actually most of my rentals are well below market rent for their area and I haven't jacked up rent because for the most part I have good tenants who pay on time.  absolutely none are above market rent.  but nice totally false assumption.  your "fat cat" rage is so 2008.

Bu yes I do write off my expenses and depreciate assets.  I also pay my taxes and don't bitch about it.  That's the difference, and why I'm not hypocritical at all.

its not my fault people today are trapped being renters- the reason is everyone spends every other dime they make consuming goods the internet has convinced them they need and eating out every meal.

if a mortgage is about the same as rent, cut some expenses, get to saving and buy a house like people used to.

If blaming the poor person for being poor helps you sleep at night...  All I know is you are rich and have poor renters.  Don't know how people get rich off poor people without exploiting them but I guess you found a way.  I imagine it has to be hard to afford a house as a poor person when rental moguls are buying up all the available housing stock and then charging neighborhood residents enough to cover the mortgage and profit.

So jlMann should give his tenants free rent?  What the hell is your point?

You understand that "Income" on a rental only occurs IF and WHEN the revenue exceeds the expenses (taxes, insurance, repairs,etc.)?  To the degree that a profit is made, it is taxed as regular income.

[Gunnar]

funding gay rights wine nights isn't job creation nor investing ... and I would be very curious to know what it is exactly you do, if anything at all. am willing to bet you have soft hands and like to peel some off the top when you move money from one person's account to another.

Aw youre cute. No student here. As you said earlier some men are still self sufficient and can do things themselves.  I've used that skill set to accumulate enough rental property to where I pay the tax collector 16-17k/yr in property taxes, not counting my primary. 

I financed that with other endeavors enabled by the fact that I have a valuable set of skills and an education.  Im one of the people who pays for your healthcare and your subsidized loan.

And for the record straight fella here, but my gay friends are by far the most fun.  A gay rights wine night?  Great idea! I'll dm you

I assume you write off the expenses related to your rental empire but then tell people you are for the rich paying their fair share.  Hypocrite much?

See how this game works?

What's wrong with that ? Should he pay taxes on his business-related expenses ?

This is how business / taxes work. Now if jlmann created subsidiaries in Ireland and the Bahamas and stashed his money in offshore accounts this would be something entirely different.

Or am I missing something here ?


How is this different from itemized deductions on your income tax ?

[Gunnar]

actually most of my rentals are well below market rent for their area and I haven't jacked up rent because for the most part I have good tenants who pay on time.  absolutely none are above market rent.  but nice totally false assumption.  your "fat cat" rage is so 2008.

Bu yes I do write off my expenses and depreciate assets.  I also pay my taxes and don't bitch about it.  That's the difference, and why I'm not hypocritical at all.

its not my fault people today are trapped being renters- the reason is everyone spends every other dime they make consuming goods the internet has convinced them they need and eating out every meal.

if a mortgage is about the same as rent, cut some expenses, get to saving and buy a house like people used to.

If blaming the poor person for being poor helps you sleep at night...  All I know is you are rich and have poor renters.  Don't know how people get rich off poor people without exploiting them but I guess you found a way.  I imagine it has to be hard to afford a house as a poor person when rental moguls are buying up all the available housing stock and then charging neighborhood residents enough to cover the mortgage and profit.

There are trade offs between owning and renting, usually freedom (don't like it where you are living ? Look for another rental and then cancel the lease - not so easy when you own the property) and risk (if you rent and the area where you live goes downhill, you move, plus you do not need to worry about repairs and such).

So yes, when owning rental properties you do need to make a profit because you also face risks as with pretty much any business.

[aldermanparklover]

TO ADL, so basically, most of the houses you lost due to government regulations were due to regulations that actually protected you or that had issues that made it not a good deal?  Some of what you said stopped you or you had to do seems not accurate, legally speaking - though you certainly could have been told incorrectly.  That JAX law is a state tax law and it is not that bad - you can certainly find short term rentals (apartments) that would have been probably about the same or less than that motel room.

How were those regulations protecting me? I'm able to do all the work needed to bring them up to date myself - there still are some real men who are self sufficient in the world. What the government does is create update standards that force the price of houses UP, which benefits them because it increases revenues and home prices, which doesn't benefit me the person paying for it all.

I don't know why that house was owned by HUD - the owner was deceased and they certainly didn't build it as it's older than the HUD agency itself. And the deal itself was amazing - for the price we went under contract with, we had at least ~$70k in equity due to its location (Clifton) and size - it was just a little run down from the previous owner who the neighbors said suffered depression. 5454 Grove Ave, 32211 - nothing I didn't feel comfortable fixing myself.

I were told the hotel tax thing was a Jax thing but ok, so the state of FL made it practically impossible to find something short term to affordably rent - trust me, after the first month in a hotel (and still paying for our condo in SC) we tried hard because we had no clue how long it was going to take to find a house and close.

As a contractor, I have seen too often the results of the do it yourself-er on many houses.  There is a reason people are licensed and insured to do that work.  Some homeowners are actually better at some things than the average contractor but very few are better at everything needed.  So, to protector YOU, the home buyer, they restrict what you can do to the house yourself. Real men, by the way, know and admit their limitations and use the pro's when truly needed and do so without complaint.  But whatever.

The fact that you failed to purchase the house in questions tells me you truly did not qualify for some reason. The addition work required took it above your limits perhaps? 

Please remember that the motel you stayed at pays the same taxes a short term rental would be required to pay.  It appears the issue was your personal budget or perhaps financial frugality that stopped you, not the tax.

After all the Pro-Trump, anti liberal propaganda you have been spouting, I'm surprised that you did not recognize the additional regulations in the constrcutio0n industry were geared towards big business rather than the small homeowner and that they help keep American Jobs.

I'm frugal and value oriented first, then budget minded, then hopeful. When I look at buying things on Craigslist, I factor in gas $$$ and mileage of my vehicles into the overall cost before I decide to buy - That's how cheap I am.

There weren't any houses we saw that I wouldn't have been able to fix and I'm not so proud where I don't ask for help or pay a professional for their advice if I'm outside my area of expertise. I like things done the RIGHT way.

In fact, the house we bought I've already had to fix what the house flippers we bought the house from did wrong. Having a license and liability insurance does not an expert make ... what kills me is they were all ignorant mistakes, shortcuts, or "swept under the rug" - and don't even get me started on the new HVAC they "threw" in. You want to turn an burn and make a fast buck, fine. But at least put some thought into what you're doing. THANKFULLY we didn't get a home inspection on this house because I didn't want any reasons for the deal to fall through. (appraisers and inspectors are two different animals)

And I understand completely what you are saying about unskilled people doing terrible work and causing problems, especially in a tightly packed city. My incorrect wiring of a hot water heater could result in a house fire that destroys my neighbor's houses.

I also understand what you're saying about regulations = revenue  - which is part of my overall / ideological complaint - to the government I should be a citizen, not someone elses cash engine. But some requirements are important because we don't live in a vacuum.

For instance I called JEA about service panel upgrade ordinances - have to hire an electrician to go from the meter to the panel. Called electrical companies for quotes - $2,100 min to do the job, includes the cost of the permits, panel, wire and the now required outside disconnect. (which I prefer) - For my house, that's going to be a 2-3 hour, 1 person job MAX. Sour grapes for me because I can do that kind of work but even I understand the city's need to make sure work like this is done safely and to code (even if I don't understand the price ...)

[aldermanparklover]

funding gay rights wine nights isn't job creation nor investing ... and I would be very curious to know what it is exactly you do, if anything at all. am willing to bet you have soft hands and like to peel some off the top when you move money from one person's account to another.

Aw youre cute. No student here. As you said earlier some men are still self sufficient and can do things themselves.  I've used that skill set to accumulate enough rental property to where I pay the tax collector 16-17k/yr in property taxes, not counting my primary. 

I financed that with other endeavors enabled by the fact that I have a valuable set of skills and an education.  Im one of the people who pays for your healthcare and your subsidized loan.

And for the record straight fella here, but my gay friends are by far the most fun.  A gay rights wine night?  Great idea! I'll dm you

LOL - so you are one of those rich people making money on the backs of the poor by overcharging them on rent.  Congrats.  Also, you didn't build that rental empire so stop taking credit for it.  The village built your wealth.  I assume you write off the expenses related to your rental empire but then tell people you are for the rich paying their fair share.  Hypocrite much?

See how this game works?

BWUAHAHAHAHAHAHAHA  - you made my day

[Adam White]

BWUAHAHAHAHAHAHAHA  - you made my day

my god can you not read.    I thoroughly debunked every dumbass thing Kerry said.

Go away.  youre not funny.  youre unoriginal. youre not informed. youre not intelligent. you cant tell fact from fiction. you make lliterally zero sense and no one here likes you.  Not only do they not like you.  they also wish you would leave.

youre just a true and absolute moron in every sense of the word.  don't give a rip if its against forum protocol. I take pleasure in knowing your sad, delusional anger and low status in life will persist for decades to come, if not get worse.  The manner in which your 'brain' processes stimuli assures me of this. piss off

That was really mean 

[aldermanparklover]

BWUAHAHAHAHAHAHAHA  - you made my day

my god can you not read.    I thoroughly debunked every dumbass thing Kerry said.

Go away.  youre not funny.  youre unoriginal. youre not informed. youre not intelligent. you cant tell fact from fiction. you make lliterally zero sense and no one here likes you.  Not only do they not like you.  they also wish you would leave.

youre just a true and absolute moron in every sense of the word.  don't give a rip if its against forum protocol. I take pleasure in knowing your sad, delusional anger and low status in life will persist for decades to come, if not get worse.  The manner in which your 'brain' processes stimuli assures me of this. piss off

and there we have the difference between you and me - I am a good person whereazz you are a tyrant and when your delicate world views are challenged, when the truth collapses around you, you disintegrate in a ball of hate and vitriol.

aside from earning a living as a land baron, do you actually produce anything useful to society?

[aldermanparklover]

BWUAHAHAHAHAHAHAHA  - you made my day

my god can you not read.    I thoroughly debunked every dumbass thing Kerry said.

Go away.  youre not funny.  youre unoriginal. youre not informed. youre not intelligent. you cant tell fact from fiction. you make lliterally zero sense and no one here likes you.  Not only do they not like you.  they also wish you would leave.

youre just a true and absolute moron in every sense of the word.  don't give a rip if its against forum protocol. I take pleasure in knowing your sad, delusional anger and low status in life will persist for decades to come, if not get worse.  The manner in which your 'brain' processes stimuli assures me of this. piss off

That was really mean 

most zealots are wicked, nasty people - they are weak because they are concealing doubt

[vicupstate]

you disintegrate in a ball of hate and vitriol.

Pot meet kettle.

[aldermanparklover]

you disintegrate in a ball of hate and vitriol.

Pot meet kettle.

why don't you go through my posts and find where I had a laughable meltdown of hate like that, which you can then put as a quote here. and while you're at it, go to page one of this thread - it was created by jlmann specifically as an excuse to (try to) humiliate me.

he's a hateful dude, unlike myself.

[Tacachale]

APL is certainly painting an interesting picture of himself here: An unemployed aspiring podcaster, who failed in business and relies on government assistance, who appears to be making no effort to find a job other than building a "recording studio" (though his wife works), who devotes his time to trolling a forum 25 times a day, and who thinks all his problems are other peoples' fault.