Angel Torres @Angelsduplicate

Just living and enjoying life My tweets are not financial or investing advice or any advice for that matter. PDX-BOS-OMA-BOI-DCA 🏔☀️ 🏜 Joined May 2014

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262
Following

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Angel Torres @Angelsduplicate

12 hours ago

@ChrisJonesFL @DudeWhoInvests It ain't easy, but someone's gotta do it

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Angel Torres @Angelsduplicate

12 hours ago

@DudeWhoInvests *my quant*

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Angel Torres @Angelsduplicate

13 hours ago

@jonnajarian Bringing a whole new meaning to "take the plunge"

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Angel Torres @Angelsduplicate

16 hours ago

@oelma__ Is this what breakfast is like in the EU?

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Angel Torres @Angelsduplicate

17 hours ago

@WeCanShootToo @tribecamick @SJohnston60 "BuY ThE CoNdO AnD LiVE In It pfffft" my impression of a landlord in NYC.

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Scott C. Johnston @SJohnston60

20 hours ago

Some math regarding the pied-a-terre tax. If I own a $5 million condo, the tax is 6.5% - every year, forever. That's $325,000. Prospective buyers understand this, and they 're not stupid. They price it in. They calculate, or "capitalize," the obligations, determining the present value of all that debt. The numbers are devastating. Using a discount rate (or "cap rate") of 6% means you knock $5.4 million off the value of the property... ...meaning you wouldn't even take the property if it was given to you for free... ...meaning the value of the condo has been reduced to less than zero from $5 million. You've been Zohran'd. So, a fair question to ask is, "If my $5 million condo is now worth zero, am I now exempt from the tax? And does my exemption drive the value back to $5 million, so now I'm getting taxed again?" Does anyone understand how insane this is?

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D2X @D2X__

2 days ago

if you had a mongoose bike as a kid you basically had a Lamborghini.

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Angel Torres @Angelsduplicate

2 days ago

@SMB_Attorney 25% increase in steak prices will make them rare. Almost medium rare.

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Angel Torres @Angelsduplicate

4 days ago

@MattMillsReal @TheBrokeAgent Touche

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Angel Torres @Angelsduplicate

4 days ago

@HorseGirl @ThrillaRilla369 Sounds like a good way to stay stable.

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Angel Torres @Angelsduplicate

4 days ago

@mwhite1961 @realRobertWhite @ThrillaRilla369 Now I see why a plane is a flex

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Angel Torres @Angelsduplicate

4 days ago

@ThrillaRilla369 Yoloing derivatives

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Angel Torres @Angelsduplicate

4 days ago

@mitchell_lisamn I know you dont know me, but would you want someone to vent to?

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Angel Torres @Angelsduplicate

4 days ago

The mystery of Waldo. Always crosses my mind when messaging people i dont know on here. Its fun but confusing every single time. Its like a disillusion of hints that I either believe are facades or real hints. I do want to say though. Thank you waldo. Boise felt like pergatory.

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Angel Torres @Angelsduplicate

4 days ago

@mooseincrisis Gotta hit them with that slander/defamation threat. Moose have feelings too.

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Angel Torres @Angelsduplicate

4 days ago

@PCPRO23 @TripleNetTyler Imagine lake Oswego, OR

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Angel Torres @Angelsduplicate

4 days ago

@trentjhughes $ONEW sold boats.

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Angel Torres @Angelsduplicate

4 days ago

@trentjhughes Reminds me of the company $ONEW. They seemed good until interest rates rose and financing for boats became way too expensive. (2021 time frame Fed rose rates) suddenly it all came tumbling down. I should check on $ONEW to see if its turned around

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Angel Torres @Angelsduplicate

4 days ago

@ZacCFrampton @mrmikeMTL Be careful, you may "trigger" people on here. Lol

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Angel Torres @Angelsduplicate

4 days ago

@stuartham090178 @chosengoof @mrmikeMTL I agree and disagree. Hard to argue about during the time churches ran everything and made all the money and power. These days idk. (I am terrible in history as a subject of knowledge)