Author Topic: The Future of Lakewood  (Read 44253 times)

Offline churnbabychurn

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Re: The Future of Lakewood
« Reply #345 on: July 11, 2016, 11:48:32 AM »

These developments are probably structured to be RE investors as opposed to dealers.( Cap gains vs regular IT) The owners of the LLC's are the investors not the builders.

So you are correct that they would be taking depreciation, not inventory write offs..
ETA
If they are actually classified as RE Dealers, they would be subject to SE tax on the rental income!

Offline churnbabychurn

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Re: The Future of Lakewood
« Reply #346 on: July 12, 2016, 10:53:14 AM »

Offline Moshe123

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Re: The Future of Lakewood
« Reply #347 on: July 12, 2016, 10:54:24 AM »
Gashmius. Lakewood is in a race to beat Flatbush and Queens.

Offline churnbabychurn

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Re: The Future of Lakewood
« Reply #348 on: July 12, 2016, 03:29:54 PM »
Gashmius. Lakewood is in a race to beat Flatbush and Queens.
As I heard one woman say recently: "when mashiach comes, il go but my house is coming with!"



Offline David Smith

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Re: The Future of Lakewood
« Reply #349 on: July 12, 2016, 03:46:11 PM »
Gashmius. Lakewood is in a race to beat Flatbush and Queens.
Looks like Deal, actually.
Who do you think you are fooling? You think you are going to pull a quick one on your Creator? Good luck with that.
JTZ

Offline skyguy918

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Re: The Future of Lakewood
« Reply #350 on: July 12, 2016, 03:59:41 PM »
Gashmius. Lakewood is in a race to beat Flatbush and Queens.
Queens?! Lol, guess you've never been to Queens.

Offline churnbabychurn

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Re: The Future of Lakewood
« Reply #351 on: July 12, 2016, 04:35:23 PM »
Queens?! Lol, guess you've never been to Queens.
+1
Lakewood is setting the trends these days

Offline skyguy918

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Re: The Future of Lakewood
« Reply #352 on: July 12, 2016, 04:37:41 PM »
+1
Lakewood is setting the trends these days
I mostly meant that Queens and Flatbush do not belong in the same sentence.

Offline grodnoking

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Re: The Future of Lakewood
« Reply #353 on: July 12, 2016, 07:35:11 PM »
I mostly meant that Queens and Flatbush do not belong in the same sentence.
Maybe he thinks the 5T (Lawrence) is in queens
I'm not who you think I am.

Offline Moshe123

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Re: The Future of Lakewood
« Reply #354 on: July 12, 2016, 07:36:33 PM »
Maybe he thinks the 5T (Lawrence) is in queens

I didn't think all that deeply into what I wrote.

Offline moko

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Re: The Future of Lakewood
« Reply #355 on: July 12, 2016, 08:21:03 PM »
We have totally lost our minds!
ehh
I see this at engagement parties all the time

Offline churnbabychurn

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Re: The Future of Lakewood
« Reply #356 on: July 12, 2016, 08:49:44 PM »
ehh
I see this at engagement parties all the time
Lol really? In Lakewood?


Offline David Smith

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Re: The Future of Lakewood
« Reply #357 on: July 12, 2016, 08:53:31 PM »
I was davening maariv in a newish development last night. I can count one hand how many people weren't wearing hats and jackets, but I can also count how many people didn't pull out smartphones.
Who do you think you are fooling? You think you are going to pull a quick one on your Creator? Good luck with that.
JTZ

Offline Ydad

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Re: The Future of Lakewood
« Reply #358 on: July 12, 2016, 09:17:35 PM »
I was davening maariv in a newish development last night. I can count one hand how many people weren't wearing hats and jackets, but I can also count how many people didn't pull out smartphones.
People with flip phones aren't pulling 'em out. Not much going on on them dumbphones.

Offline TimT

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Re: The Future of Lakewood
« Reply #359 on: July 12, 2016, 09:44:38 PM »
Lol really? In Lakewood?
Well, aren't 10-20% millionaires? :)