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How do land payments work?
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thinkstoomuch
Posted 4/27/2021 06:47 (#8975051 - in reply to #8974643)
Subject: RE: How do land payments work?


Kettle Moraine, WI
I think OP should appreciate and understand income versus cash flow needs. The spot in life you learn the difference is when you made taxable income and have an empty checking account to try to pay the taxes. It takes more than $50,000 to pay a $50,000 land payment from cash flow annually.
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