Great post.<quoted text>I hate to brag, but just for you and only you. Our eight houses are all paid for and going up in value. Stocks are up and dividends are up. I get to draw full social security benefits since the government gave us a loophole excluding rental income. Interest rates are in the toilet, but that's just the plan to keep poor folks like you poor. I am not rich or do I claim to be, never will be. A two million dollar net worth in todays world is nothing, the powers that be are seeing to that.
If you had any intellect you would have understood the article was talking about the only people having a good year, people worth over a 100 million dollars. That's why the sale of mansions is so hot all over the country.
You don't understand unless you have FNC explain it to you. You are just a piece of cheap clay to be molded into the voter they need. You are one of those special people FNC just loves, a nut and an idiot. Take your meds and go to bed, don't forget to turn the TV off.
Ain't that rental income loophole a wonderful thing ? Kind of like capital gains ... it ain't "income" unless you actually work for it. Every three months when the property manager send us a check, we also celebrate the special nature of that income.
Down here in SW Florida, mansions valued at $15 Million or more are selling faster than ever before; the Bentley dealer can't keep Mulsannes in stock, and a friend of mine who owns a cigar store is selling Arturo Fuente Opus X sticks faster than he can get them in the store.
The economy is great.
Who are those whiners claiming there's a problem ?