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  #1  
Old 03/04/04, 09:48 PM
 
Join Date: Mar 2004
Location: KS
Posts: 637
Introduction

Newbie here, but have really enjoyed reading all the posts so far. Right now, I live on 1 1/2 acres on the edge of a major city (we are inside the city limits by a number of feet). I would really love to move out further while still being able to commute to work. I work as a nurse and really enjoy my job, in limited quantites! Our city and development have tight restrictions on livestock - we would like to raise chickens and maybe a goat or two.
So far, we have a large garden in which we raise vegetables, and rabbits (4H projects for the kids). I am working on skills I would need on a homestead. DH hunts and can dress out deer and birds. I know how to bake bread, stock a pantry, sew, and can.
Dream property would be one with good water, some wooded area, and fairly close to a paved (or semi-paved) road. Dream house would have much mass (built from concrete or a berm home), with a rainwater system and possibly a windmill or solar panels.
I'm looking forward to learning a lot from you all and living vicariously thru you for a while (till we find the right property and are able to finance it!).

Moldy
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  #2  
Old 03/04/04, 11:49 PM
Dawndra's Avatar
I'm back
 
Join Date: Feb 2003
Location: Spoon River Country Illinois
Posts: 1,366
Welcome aboard! You'll enjoy it here...

my DH & I are going to be building a basement house (not a berm) this summer.... I'll be your guinnea pig!
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  #3  
Old 03/05/04, 07:32 AM
 
Join Date: May 2002
Location: colorado
Posts: 4,382
Welcome to the forum Moldy!
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  #4  
Old 03/05/04, 12:57 PM
 
Join Date: Jan 2004
Location: North East PA
Posts: 53
Hi Moldy,
if you are already in Kansas, I believe they are giving land away right in your state.....perhaps it is because there are no jobs there??? Marquette, I think.

Anyway, this country is at the peak of one of the biggest land price booms ever, so you could quite feasibly fetch a great sum for your "inside city limits by a few feet" property & purchasing land further away would cost less, allowing you to pocket the difference for building etc. Plus because you rolled the money over into another property purchase you won't have to pay capital gains.
What your proposing to do is basically the opposite of what the majority of people are doing & I would suggest that this is a great time to do it.
Good luck.
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  #5  
Old 03/05/04, 01:38 PM
 
Join Date: Oct 2003
Posts: 376
CMATE,
Capitol gain tax rules changed several years ago. Now there are no capital gains on the first $250,000 ($500,000 if married) of your principle residence. The only rules on this are that you have to have lived in it and owned it for two years or lived in it two of the last five years and owned it the whole time.
Kirk
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  #6  
Old 03/05/04, 02:02 PM
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We live just outside Wichita and although the aircraft industry is iffy, right now there are plenty of jobs. I work as a nurse, so my job is highly transportable (is that a word?). I'll have to check into the thing in Marquette, I hadn't heard about it. Now if Boeing ships more jobs overseas.... well, it could be a looonnnngggg time to sell the house!
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  #7  
Old 03/05/04, 05:26 PM
 
Join Date: Apr 2003
Posts: 59
Quote:
Originally Posted by Unregistered
I work as a nurse, so my job is highly transportable (is that a word?).
Well if it aint, it are a word now!

Welcome, and Best Regards........

<><
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  #8  
Old 03/05/04, 05:31 PM
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Join Date: Jun 2002
Location: Georgia
Posts: 5,957
How do Moldy. Aren't these some of the greatest, smartest, most resourceful people in the world? Love having you on board.
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  #9  
Old 03/05/04, 06:55 PM
 
Join Date: Feb 2004
Location: Florida
Posts: 145
Welcome to the board, Moldy.. from one newbie to another..

Sounds like you have the vision and the drive.. I am sure you will find a way.

Don
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