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Search: Posts Made By: Descant
Forum: General Discussion 10-31-2021, 11:23 AM
Replies: 87
Views: 11,661
Posted By Descant
Digital currency?

I think I'm about 95% digital without Bitcoin. My receivables go directly to my bank account. My bills go to the same bank for autopay. I buy stuff online or in a retail store with a credit card,...
Forum: General Discussion 10-16-2021, 08:06 PM
Replies: 87
Views: 11,661
Posted By Descant
Bonds

Agreed. The old saw about 40% of your portfolio being in bonds doesn't do anything for me. In the Obama years we were overweight utilities because we needed some reliable income. Since bonds were...
Forum: General Discussion 10-16-2021, 07:36 PM
Replies: 87
Views: 11,661
Posted By Descant
28-a

I'd have to check dates, but I think current use laws pre-date the passage of Article 28-a. If so, that argument doesn't fly. My friends in the legislature are constantly on the look out for 28-a...
Forum: General Discussion 10-15-2021, 03:36 PM
Replies: 87
Views: 11,661
Posted By Descant
Not that simple.

Being taxed out of your home applies to any owned real estate, not just woodlots. Towns benefit from timber tax as well as property tax. The owner of a single family home in a neighborhood is more...
Forum: General Discussion 10-14-2021, 09:04 PM
Replies: 87
Views: 11,661
Posted By Descant
REIT's are required to pay out 90% of income in...

REIT's are required to pay out 90% of income in dividends. In a bull market, this leaves little extra for investing in new properties and organic growth, so the per share value may suffer. The...
Forum: General Discussion 10-13-2021, 02:52 PM
Replies: 87
Views: 11,661
Posted By Descant
whAt towns?

Did I miss the answers? The OP asked about which towns might have good opportunities, and we all went off about why we don't like real estate. : suspect, without doing my own research, that if you...
Forum: General Discussion 10-12-2021, 10:58 PM
Replies: 87
Views: 11,661
Posted By Descant
Unless you have enough land to hunt, snowmobile,...

Unless you have enough land to hunt, snowmobile, or harvest, land is pretty boring. I think I'd rather see something that lets me have fun with my grandchildren. A collection of pinball machines,...
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