Thank you Mike---I'd like to be more happy about it :dunno:
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Thank you Mike---I'd like to be more happy about it :dunno:
Good deal Dave. Not sure if putting it under the mattress is the right thing though.
The final accounting is now done. We had a net (before tax) gain of 33% over 15 years after deducting all capital improvments. After deducting Capital gains tax of 15% that will fall to 28% net. We didn't buy it as an investment so I am OK with that.
Don’t forget to adjust the final numbers by adding the Air BnB rate for every night spent there.. it’s not real $$$, more politicians speak $$$ but should help the feel good quotient..
Congratulations..
My feel good target was to minimize the capital gains tax----I think I did pretty well :beat:
Without the adjustments, the raw appreciation was 82.5%.
I have to add that these calculations were made much easier by the fact that I am anal and everything goes through Quicken.