(04-02-2024, 06:55 AM)The Real Marty Wrote:

(04-02-2024, 06:47 AM)flsprtsgod Wrote: No, he's complaining about the inflation and housing market that makes his profits less valuable and the barrier to entry for a significant portion of Americans insurmountable.

I'm just pointing out that when asset prices go up with a Democrat in office, Republicans say things are getting more expensive, while Democrats say our investments are gaining value, but when asset prices go up with a Republican in office, Republicans say our investments are gaining value while Democrats say things are getting more expensive.

I was also referring to you pointing out not having to pay capital gains on primary residence. This is nothing new, but also does nothing for investors.  The only tax tool a real estate  investor has for not getting boar hogged  by Uncle Sam is a 1031 exchange which is also risky and forces you to find a property quickly. Capital gains are a sham all around. Someone making money off a RISK they have zero involvement in shouldn't entitle the government to a cut. The only thing more scandalous than this is lottery income tax.

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