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Old 05-12-2016, 09:42 AM
goodtimesintv goodtimesintv is offline
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Quote:
Originally Posted by spring_chicken View Post
Here's another. These folks lost 50k in 6 years.

3543 Amelia Ave, The Villages, FL 32162 | Zillow
This means nothing.

You don't know whether it was rented out for 6 years at $3000/month for 5-6 winter months per year, or whether it was rented out on annual lease for $1600/month and then was worn out inside when listed. Or maybe they ran it as rental business loss on purpose, to offset capital gains on sale of their other property elsewhere.