Paying taxes on a half-million-dollar capital gain from a cottage or an investment property is a good problem to have

  • sailingbythelee@lemmy.world
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    6 months ago

    Interesting, thanks. Forty-five minutes down a dirt road sounds like a dream. Ours is 1.5 hours down the highway, then 1 hour on logging roads, and the final leg is a good half-hour by boat through a labyrinth of narrow channels. No road access and no services. The log cabin is a Wendall Beckwith design so it looks cool, but my wife’s father didn’t take good care of it so it leaked quite a bit before I put a metal roof on it. (That was fun with boat access and a small generator only capable of running a jigsaw, let me tell you.) We have an open invitation for any of our friends that want to use it and no one ever takes us up on it, so I suspect it will still be quite affordable for someone, if we ever decide to sell it.