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Playing it safe on bank interest alone your going to earn less than 1 percent a year......so let's say your getting 900k a year in interest......of which you'll be paying income taxes on of course. I could live a hell of a nice amazing life on that and never touch the principal. My point is......taxes alone on multiple properties.....main house.....vacation house etc.......could easily run 50k or more a year. People that aren't used to dealing with large windfalls can easily get trapped into spending down the principal of 100 mil if they don't plan to budget on spending the interest only. Thats how most of the big lottery winners end up broke inside of 10 years.
When you came up for the hot tub last year, I should've taken you a few miles west down Rt 302.I enjoyed that show, but overrated. I do enjoy seeing the cringey ranch stickers on peoples cars.
When you came up for the hot tub last year, I should've taken you a few miles west down Rt 302.
This is the last house in Carroll, it's always good for a laugh when I drive by.
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