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@mamadonald This is what happens when I try to math before the coffee has kicked in. I now understand your calculation. You have proven me wrong, and I am happy.

@turboizak I think that there is a fatal error in your analysis. You count your $350,000 deposit as an expense when purchasing the property, but then don't count this as a gain when selling the property. You get your $350,000 capital back when you sell the property, so this should show as part...