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taddyangle

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Reply with quote  #31 

Lets assume it sells at the high end for 550k. The land was $300k.  Land cost is over 50%.  I can't recall exactly, but I am taking about 80% of the value for depreciation on properties.  Seems to me that the lot should have been closer to $100-150k. 


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RobertCampbell

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Reply with quote  #32 

 

JJ,

 

I will pass on this deal

 

Good decision.

 

Robert Campbell

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