As a normie friend said to me after I tried to orange pill him….”sounds interesting, my wife and I are selling a condo and then purchasing another one and the same complex.”

So I asked “why?”

Response was that the other condo is not flood prone.

The condo complex has been flooded prior (near ocean), and the unit they are selling took on water, and the other unit they are buying did not.

How fucking stupid.

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They should pay their capital gain and roll the rest into Bitcoin.. 1031s just postpone tax judgement day and condo real estate, at the beach, sounds ok, but long term return and liquidity ain't up to what Bitcoin brings.