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Old 03-09-2007, 09:24 PM  
Quotealex
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Join Date: Sep 2001
Location: The Global Digerati Village
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Quote:
Originally Posted by RawAlex View Post
So if you go through a series of houses (1 every few years) in your life and sell at a profit each time, you are making tax free profit in your pocket..
To make a profit, you got to trade down (i.e. buy the next house less than the one you sold). Unfortunately people tend do the opposite.
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