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Arksansas - Where it's a crime to not pay rent.
#37
(01-15-2019, 05:10 PM)sanantone Wrote:
(01-15-2019, 05:02 PM)videogamesrock Wrote:
(01-15-2019, 04:57 PM)bluebooger Wrote: is someone making $16000 a year getting their employer to pay for their health plan ?

or are they paying for their own ?

or are they just deciding to pay the tax penalty ?

Medicaid

There is no more tax penalty

or they work at Walmart and pay $50 a month, but I'm sure they are just going for the free Medicaid.

In other words, their poverty is being subsidized by other people. At least Arkansas is not as dependent as many other states are on other states' tax dollars, but most of the 10 most federally-dependent states are in the South and Appalachia. 


https://www.businessinsider.com/homeowne...map-2017-7

Well, I will close my lesson today with this summary:

You can own a home in AR while living in poverty.
You only need to make $16k a year.
As you move up the ladder you will have this home paid off in a short period of time.
If you start saving as a teenager you should have a down payment for your home by the age of 20.  We can't do that in CA.

Something to think about:

If you remain prudent you should be able to own 10 plus homes in AR by the time you are in your late thirties with a solid 10k a month income.  
If you're going to invest in real estate, the South East is where it is at.
MA in progress
Certificate in the Study of Capitalism - University of Arkansas
BS, Business  Administration - Ashworth College
Certificates in Accounting & Finance 
BA, Regents Bachelor of Arts - West Virginia University
AAS & AGS
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RE: Arksansas - Where it's a crime to not pay rent. - by videogamesrock - 01-15-2019, 05:18 PM

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