I never considered my residence as an investment-made money in other real estate , but never considered my residence as an investment, because it generated no income, was burdened by high taxes and maintenance and was subject to beautification whims- when we sold our house on 5 acres in Chester Twp NJ and if we cared to back out all the expenses--the gain might not have been great--even though we had a partner in the Fed Govt to off set local real estate and income taxes, the person who bought our house bull dozed it and built a 10000 sq' mansion
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