Posted by Ronald * Starr(in No CA) on July 05, 2003 at 10:41:48:
If you decide to move out of your house, you would be better advised, it seems to me, to sell it. Up to $250K/person of the capital gains is excluded from the Federal taxes.
Investigate. Start doing google searches on the topic. There are books on the topic, read some of them. I’d suggest talking to some developers and find out from them what it is like.
There are some people who just have to build. Most of make our money by buying existing homes. I think it is easier than building. But it is your life. If you like it it will be a lot more fun than other things you could do.
Good investingRon Starr****