this post was submitted on 29 Apr 2024
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Paying taxes on a half-million-dollar capital gain from a cottage or an investment property is a good problem to have

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[–] AnotherDirtyAnglo@lemmy.ca 19 points 6 months ago (8 children)

Duh. I'm very much in the top 5% of annual wage earners in the country, and there's no way I could afford a decent cottage (i.e., where I can't see or hear my neighbours).

[–] FireRetardant@lemmy.world 10 points 6 months ago (1 children)

I have some great memories as a kid enjoying the cottage with the neighbouring cottage kids. What you want sounds more like a remote hunt/fishing camp.

[–] AnotherDirtyAnglo@lemmy.ca 4 points 6 months ago

When I was a kid, we had a cottage in the forest. My uncle owned about a 1km stretch of river-front property that he got for nearly nothing. The idea was to go there to get away from everyone in the city and just be a family. If you wanted to be social, you went into town or the local park.

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