Comments by "worn down" (@worndown8280) on "Asmongold TV "
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@Kirill-er9gv Because having one home allows one to shelter cash under the mortgage deduction. But when you have say ten homes, you can actually leverage the value of those homes to get money from banks. These loans are against the home, not quite mortgages, not quite regular loans.
Then this loan money is used to buy more homes without it ever being taxed, hence why I said, like a tax loop hole. All these assets can be re leveraged to generate even more income, all while being tax free. Many of the uber wealthy do this with other assets than houses as well, like with stocks they own. And they never have to pay a dime in taxes.
I should know. I did it. And it helped me retired at 45. Just because you are ignorant about how the wealthy leverage their wealth in the way that the working class and middle class cant, doesnt mean it doesnt happen.
And outside the US, in some places like Britain, there are actually carve outs that allow for tax exempt status if an individual buys 7 or more homes at once.
But if you have additional questions I would be happy to answer. But maybe you have an agenda, I dont know. I dont even really care. I just know you are ignorant of how property can be leveraged for tax free money.
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I have never had a hard time dating. face wise I am not attractive. I am tall, 6'7" but from women's preferences thats similar to being 5'10", im to tall. But I am 48 and am in decent shape and independently unemployed, I tend to date women around the age of 30. Its insanely easy to talk to a woman. Most are starved for a kind word or even a genuine smile.
But I think one of the bigger things is that so many people, both men and women, are undatable today. Right off the top, 70% of people in the US are either overweight or obese. Right there those folks are disqualified. But those same 70% will want someone who is "perfect" without understanding their shortcomings or more importantly, improving themselves.
Then you add things like politics, religion or lack there of, and simple physical attraction, pretty soon you find you are hunting for the 1%. But what really stuns me, is even at the age of 30, most women arent looking to get married. They arent dating seriously, they are still in fun mode. That is really what has changed.
Ill ask them, do you want a family or get married and they all parrot the same thing, im still young. I am happy and having fun. I still dont know what I want yet. These same womens great grandmothers knew what they wanted when they were 18. I think we have infantilized a lot of people. The are adults in body only. They think they can have healthy children well into their 40s with no threat to their physical health. And these are supposedly college educated and smart women.
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