Back in NY Groove!!

Only assholes use the word 'tard.

So, you no longer president... Ace?

And are you renting or reupping at $1000 per sq ft?

pat yourself on the back. now take the closing costs you incurred purchasing (5%), then take the closing costs selling (8-10%). then take the $$$ you are paying more than you would've if you were to rent the same apartment..... and .... look in the mirror, there's a 'tard looking back at you.

"pat yourself on the back. now take the closing costs you incurred purchasing (5%), then take the closing costs selling (8-10%). then take the $$$ you are paying more than you would've if you were to rent the same apartment..... and .... look in the mirror, there's a 'tard looking back at you."

So if he used that apartment as his primary residence, then the money gained (assuming less the $500K) would be totally tax free. Which would be a good 20% if it was a stock trade. Also, all those closing cost that you posted seemed to be on the high side.

nice AB!

Mishap, any more market insights from your mom?

vic, if he would've taken the down payment he put down in 08/09, can't tell based on his stories, and dropped it into the S&P ETF, he would have a 60% return. even at 30% tax rate, he'd still be up 40% vs still extra paying every month just to have his walls painted the color he likes. so he has an illiquid asset that returns less than a liquid asset.

i don't understand why people who rent don't just paint their walls the color that they like and if the LL don't like it on their way out, repaint. have a paint party, it's fun and you get to see friends you haven't seen in a while.

hahahah. ab_sh*tty zip code guy is GRASPING.... facts: 1) no broker, but shared with buy-side to the tune of 2% 2) buyer paid my TT's 3) in '08 i paid no TT's and CEMA'd for significantly discounted mortgage tax. bottom line you are WAY off. 4) my apt. with abatement was WAY cheaper than comparable rental over the period and that's BEFORE taxes, and yes 5) tax-free beeeYOTCH!!! I AM BACK....BACK IN THE NY GROOVE!!!!

you're like a guy who throws all his chips on red at the roulette table, and when he wins screams "take that all you 'tards who thought it would be black!"

I really wish the term 'tard wouldn't be so casually bandied about, when it should be used for specific people who are actual retards. It isn't fair to us or them.