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Taxed and Spent Taxed and Spent is offline
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Default to John Kuthe

On 7/18/2017 3:30 PM, wrote:
> Taxed and Spent wrote:
>> penmart01 wrote:
>>> lucretiaborgia wrote:
>>>>
>>>> The only difference between John and you is that you inherited your
>>>> house and he has to buy it - think about it!
>>>
>>> Nothing to think about... inheriting a house and buying a house with
>>> inherited money are exactly the same.

>>
>> Except for the concept of CHOICE. Duh.

>
> Both the same... buying/selling real estate are equally convoluted.
> One can always sell the inherited property and use the cash to buy one
> of their liking, or buy nothing and place the money in the piggy bank
> of choice. Inherited is Inherited, regardless how twisted they are
> the same. Duh!


you are a dope.

>
> Actually by inheriting cash John is in a much better position. I
> would advise John to contemplate for at least two years before
> spending his inheritance... spend time and energy looking at other
> properties.
> I would've also advised Jill to contemplate at least two years before
> deciding to move into her inherited house, making sure she can
> comfortably handle the finanacial aspects and if she truly needed to
> support all that space plus attached expenses.... to me it seems like
> way too much for a person on their own.
>
> Being faced with both scenerios I'd have purchased different
> properties. A single who doeasn't play golf doesn't need the expense
> of living in a huge house on a golf course... and a single doesn't
> need the responsibility of being the landlord of a student's rooming
> house. Both scenarios will eventually place both in the poor house.


you obviously know best for all. How nice for you.