Property taxes are asinine! These assets do not create magical liquid capital unless/until it’s sold or rented out. We’re going to be seeing massive lein defaults in this country.
Because I don’t do the grocery shopping in the family, I’m stunned at the prices I see when I do go in on rare occasion. However, I want to know how it is that our local restaurants are still packed and how Sammy Hagar and Steve Martin & Martin Short easily sell out venues with tickets priced $300-$500. Somebody’s doing well out there and I can only surmise it’s our local Fed work force population.
“They can use the drink cup pole to extend a vanilla cone to him.”
TexasGator writes:
NASCAR pit crews pass drinks by hand.
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Ahhhh, yes, TexasGator. Such a good catch. It's important to deconstruct jokes and satire so that the reader can more accurately ascertain the validity of such while - at the same time - drawing attention to the intricate knowledge of the examinor, himself. The payoff for such is boundless self-gratification and commeradarie within a forum of kindred minds. Thank you so much, TexasGator!! You're so insightful! I owe you. I think we ALL owe you!
You are correct. One year ago today, we had the opportunity to travel up there to see all the lakes. It was fantastic! Loved the little towns, too. Other than the state of Maine, this was the only part of the country I’d never seen and there’s nothing else like it!
Bravo to you! It is hard once you get involved and see the $hit that goes on. This happens every day, countless times. I do my best, but it is hard not to get sucked into it. I am working on that now.
Thank you, Dac... and it's so true. I just hate to see greedy family members go all out to take advantage of their own elders. Unfortunately, it's usually the boys (I refuse to call them "men"). The one I'm working on now is really tragic! I can't post about it yet because it's somewhat public and involves a murder of an estate owner. Sure enough, the black sheep loser and estranged son comes swooping in out of nowhere to claim admin rights. I'm not an attorney, so it will be one for the law books if my legal objection holds him at bay.
In the last year, as a real estate investor, I’ve helped two families in a similar situation with estate owners having dementia and an evil step child taking legal control of the estate. It’s critical that, when making wills, a directive be spelled out who will be POA and what is to be done with the estate and/or trust. Ultimately, with my friends, it’s none of my business but they would rather just walk away from it all.
In the last two days, they erected a new barrier and concertina (or barbed wire) topped fence at the White House, so they’re ready to stay, if they choose.