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It's like GTA in real life!


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CarimboHanky

i don't understand these people. why the h.. would you buy several hundreds dollars cars, when you can rent them for a couple of bucks

1 word...taxes!

 

atleast in the states there are tricks in the tax laws that allow you to pay less in taxes, if you own lots of vehicles and properties.

 

why you think some celebs have house they never visit and fleets of vehicles?

 

1-because they can.

2-to benefit from tax codes like cost segregation.

 

i work with wealthy people and have asked many of them and the answer is always the same, to pay less in taxes haha

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i don't understand these people. why the h.. would you buy several hundreds dollars cars, when you can rent them for a couple of bucks

You mean to tell me that if you were THAT much rich you wouldn't want to own these cars???

 

Son, I used to own and '83 VW sh*tbox and it filled my heart with pride everything I went to my garage and just looked at it...The satisfaction, you know?

 

Imagine that satisfaction turned up to 11 because instead of sh*tbox, you own a Ferrari!

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FrugalDangerMan

Pfft. At least this IS a GTA (Greater Toronto Area) house.

 

$16,000,000 CDN : https://www.realtor.ca/Residential/Single-Family/18146836/229-DUNVEGAN-Road-Toronto-Ontario-M5P2P3-Forest-Hill-South

GWQIdEC.jpg

This is an unassuming home from the outside and the back yard is all but boring, but, based on the description:

 


The Approx. 22,000 Sf Home includes:

- 21'-Ceilings In Foyer & 2-Storey Library W/ Spiral Staircase.
- 5 Fireplaces,
- 2 Terraces Running Entire Width Of Back Of House On Main & 3rd Levels,
- Heated Floors Throughout,
- Elevator To All 7 Levels,
**** EXTRAS ****
Indoor 30,000 Gal. Saltwater Pool (33' X 15' & Depth 4'-9'6"").
8-Car Underground Garage W/ Service Bay.
Home Theatre,
Wine Cellar & Gym (98' X 43') &
21' Ceiling Suitable For Full-Size Basketball / Tennis Court Or 50-Car Parking.
How are you fitting 58 cars INSIDE that hose?
Edited by PNutterSammich
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i don't understand these people. why the h.. would you buy several hundreds dollars cars, when you can rent them for a couple of bucks

1 word...taxes!

 

atleast in the states there are tricks in the tax laws that allow you to pay less in taxes, if you own lots of vehicles and properties.

 

why you think some celebs have house they never visit and fleets of vehicles?

 

1-because they can.

2-to benefit from tax codes like cost segregation.

 

i work with wealthy people and have asked many of them and the answer is always the same, to pay less in taxes haha

 

yeah i always imagined a thing like this. they buy cars that they're sure they'll always sell at higher price. i think super yachts work a bit like that too. as weird as it can be, super yatchs sell very well. and a super yatch owner is almost always sure to find a buyer if he wants to sell. a kind of floating bank

 

 

i don't understand these people. why the h.. would you buy several hundreds dollars cars, when you can rent them for a couple of bucks

You mean to tell me that if you were THAT much rich you wouldn't want to own these cars???

Never. i know what an euro represents. and if i drive a Lamborghini someday it will be for a week-end max. I don't see the interest of owning such cars. the only rare car i could own is a Mc Burnie Daytona replica (Miami vice series car). but we are far away from real Ferrari prices

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