Paying taxes on a half-million-dollar capital gain from a cottage or an investment property is a good problem to have

  • HubertManne@kbin.social
    link
    fedilink
    arrow-up
    7
    ·
    6 months ago

    im from the us but one thing that gets me is having a rustic vacatio place was a cornerstone of middle class when I was young. if not that then regular vacations that cost a fair amount. families either did one or the other (invested more for the long term or enjoyed more variety but with no long term investment return). nowadays it feels like doctors and lawyers have a hard time swinging this.