Originally Posted by AcesNeights
Nice! Good for you guys on taking advantage of the hot market. I fear that Beijing Biden will ruin the economy in short order so we’ll be listing our house this spring.

We bought our house when the housing market was still in the basement and paid $300,000 less than the previous owners did. We searched for the best value we could find at the time and after a year of looking at dozens and dozens of houses we fell in “love” with this place. We were approached by several realtors last year that told us they could get right around a million for it now. Considering we paid just under $400K 7 years ago I am happy with that rate of return…..I only hope that we’re safe until spring. We’re using part of the proceeds to build our forever home and a couple homes for our children on our place up north and start building our new business.

Congratulations again on the sale. Now go get that K38. 👍

Think you are getting into capital gains territory.



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