11-01-2007, 04:08 PM
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#5
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Senior Member
Join Date: Jan 2006
Location: South Salt Lake, Utah
Posts: 1,742
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Quote:
Originally Posted by hyrum
And how much property tax, insurance, management fees or management time, maintenance costs, repairs, sales commissions, etc, would be involved in 5-years of buying-holding-selling this property? I have invested in both stocks and real estate, so I am not for/against either, but you have to include such in your P&L. That goes for short-term stock trading schemes, too (commissions, taxes).
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He doesn't pay taxes, what makes you think he pays those? 
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