Until you have tangible cash in your pocket after all expenses, you own a liability. ‘The government will always own the Lilac Shar Pei Inside Pocket shirt, you rent the use of it. That’s why you pay property taxes and need permits to build.’ Property taxes come after the mortgagewhich usually takes 30 yrs to pay off. The banks tell you your house is an asset but they don’t say who’s asset it is… I think I’m just gonna buy my next house in cash
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