Nineinch's plan to avoid recession...
Join Date: Jan 2006
Posts: 5,616
Just let everybody use the funds in their retirement accounts penalty free to buy real estate. I know I will buy my retirement apartment in Florida with that money right now; and fix that place up to boot.
Can you add strippers expense to the adjusted basis while seeking to buy an additional piece of property?
Join Date: Jan 2007
Posts: 2,899
Where in Florida?
Also, why Florida?
Having lived in Florida for the past 5 years, this place is not the paradise many make it out to be........
Crowded
High property taxes
High insurance
Hurricane alerts yearly
Crime
Is it better than alot of places/states........yes!
If one has not set up roots here yet, I would however attempt to find another "paradise", as this state is really headed no place but worse........sorry to say.