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Beginners question about profit
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<blockquote data-quote="Brandonm22" data-source="post: 692534" data-attributes="member: 7645"><p>ALL assets are a double edged sword to some extent. They either cost you in repairs, maintenance, upkeep, depreciation, management fees, and have to be insured or they increase your tax liabilities (both now and at the time of your death) or both and whatever asset class you are invested in, one of those pesky opportunity costs persons can look back with 20/20 hindsight and say you would have made much more $$$ invested in some other asset class.</p></blockquote><p></p>
[QUOTE="Brandonm22, post: 692534, member: 7645"] ALL assets are a double edged sword to some extent. They either cost you in repairs, maintenance, upkeep, depreciation, management fees, and have to be insured or they increase your tax liabilities (both now and at the time of your death) or both and whatever asset class you are invested in, one of those pesky opportunity costs persons can look back with 20/20 hindsight and say you would have made much more $$$ invested in some other asset class. [/QUOTE]
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