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50K a month to The Big Guy

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AThousandYoung
1st Dan TKD Kukkiwon

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“Adverse possession” is an example of how the law distinguishes between personal and private property. If someone squats in a building without getting thrown out they get legal ownership of the building as recognition that it is their personal property. We possess personal property; we not not possess private property. There’s your fancy confusing intellectual definition for you pretentious types.

wikipedia.org/wiki/Adverse_possession

Adverse possession, sometimes colloquially described as "squatter's rights",[a] is a legal principle in the Anglo-American common law under which a person who does not have legal title to a piece of property—usually land (real property)—may acquire legal ownership based on continuous possession or occupation of the property without the permission (licence) of its legal owner.

AverageJoe1
Catch the Train 47!

Lake Como

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@athousandyoung said
Example of force - you call the cops on a squatter in your investment home. This is the use of force to protect the investment of a capitalist while simultaneously forcing a person into homelessness. This situation could not exist without a government to send police to evict the squatter.
I wonder if Marauder will acknowledge this answer to the question. He has made several references to force, as same regards making one work, or move from one place to another (if they are breaking a law). I don't think your answer speaks to that, except stating the obvious, that, if someone is trespassing, the government enforces the law. You write here as if there is a wrong being committed by the government, or by a capitalist?
How so?
This is Maruader's most recent post.
"If you merely claim ownership based on force or threat of force and require others to actually work for you in order to realize the bulk of value, then it is private property, a creation of the State. A factory or a 1000 acres of land would be an example in a capitalist or similar society."

Mott The Hoople

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@athousandyoung said
These are economic terms not legal terms. Legally a piece of land is “primary residence” if it’s personal property and “investment property” if it’s private property. These are just different words for the same concept.

https://www.realized1031.com/blog/investment-property-vs.-primary-residence-interest-rates-what-is-the-difference?hs_amp=true
there is only one type of property pertaining to land. rent, live on , sell...the law doesnt care

AverageJoe1
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Lake Como

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@mott-the-hoople said
there is only one type of property pertaining to land. rent, live on , sell...the law doesnt care
Legally,,,Real Property.
But having said that,.....For hundreds of years, it has been referred ro as Real Property. Now that Libs are slowly but steadily taking over society and it's definitions, it is probably something else now. I wan Marauder to tell us how home ownership will be done away with, and, where folks will gather their families each night to share a meal of carrots that they'd just pulled out of the ground.

AThousandYoung
1st Dan TKD Kukkiwon

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@mott-the-hoople said
there is only one type of property pertaining to land. rent, live on , sell...the law doesnt care
Apparently you don’t do your own taxes

Mott The Hoople

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@athousandyoung said
Apparently you don’t do your own taxes
what does taxes have to do with this?

Shallow Blue

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@mott-the-hoople said
there is only one type of property pertaining to land. rent, live on , sell...the law doesnt care
Oh, hello. Are you posting today as "Mott the Hoople", or as MOTT-THE-HOOPLE?

AThousandYoung
1st Dan TKD Kukkiwon

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@mott-the-hoople said
what does taxes have to do with this?
Your grammar is poor. “Taxes” is plural but the verb “does” is singular.

AverageJoe1
Catch the Train 47!

Lake Como

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@athousandyoung said
These are economic terms not legal terms. Legally a piece of land is “primary residence” if it’s personal property and “investment property” if it’s private property. These are just different words for the same concept.

https://www.realized1031.com/blog/investment-property-vs.-primary-residence-interest-rates-what-is-the-difference?hs_amp=true
So, if I look up def of land, it will say it is primary residence? I can only have one primary residence. So, if I own 5 pieces of land, the other 4 cannot be my 'primary residence'.
So you have GOT to tell us what the other 4 parcels would be called. 🙂 🤔 🤔

AverageJoe1
Catch the Train 47!

Lake Como

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@athousandyoung said
These are economic terms not legal terms. Legally a piece of land is “primary residence” if it’s personal property and “investment property” if it’s private property. These are just different words for the same concept.

https://www.realized1031.com/blog/investment-property-vs.-primary-residence-interest-rates-what-is-the-difference?hs_amp=true
Settle, Thousand . Do you realize what you are saying.? 'legally a piece of land is primary residence if it is personal property". It is Never personal property.

Real property includes land plus the buildings and fixtures permanently attached to it. Real property taxes are assessed on agricultural, commercial, industrial, residential and utility property. Personal property is property that is not permanently affixed to land: e.g., equipment, furniture, tools and computers.

Mott The Hoople

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@athousandyoung said
Your grammar is poor. “Taxes” is plural but the verb “does” is singular.
LOL...weak

AverageJoe1
Catch the Train 47!

Lake Como

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@athousandyoung said
Apparently you don’t do your own taxes
I think we lost Thousand, Mott. Who's next !?!?

AverageJoe1
Catch the Train 47!

Lake Como

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@mott-the-hoople said
LOL...weak
Mott I figure he finds the grammar of AvJoe weak, too.
"Gimme it! More Stuff!" (Avatar) Although, I think he does grasp what I am trying to say!!!

AThousandYoung
1st Dan TKD Kukkiwon

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@averagejoe1 said
So, if I look up def of land, it will say it is primary residence? I can only have one primary residence. So, if I own 5 pieces of land, the other 4 cannot be my 'primary residence'.
So you have GOT to tell us what the other 4 parcels would be called. 🙂 🤔 🤔
https://www.law.cornell.edu/wex/investment_property

investment property

Property that is not occupied by the owner, but is generally purchased specifically in order to generate profit through rental income and/or capital gains.

no1marauder
Naturally Right

Somewhere Else

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@averagejoe1 said
So, if I look up def of land, it will say it is primary residence? I can only have one primary residence. So, if I own 5 pieces of land, the other 4 cannot be my 'primary residence'.
So you have GOT to tell us what the other 4 parcels would be called. 🙂 🤔 🤔
No, you can't have more than one "primary residence".

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