Allan

Property Management SaaS

Creating software to help Landlords and Property Managers do more with less.

[Allan @amredman]

@ModernDayInves @DrunkDividends AFAIK, it needs to be offset by something.

Depreciation is commonly used.

[Allan @amredman]

@dieworkwear I'd buy a real one, never a fake. And never to try and impress anyone. Purely for my own satisfaction.

[Allan @amredman]

@BoomerDivvies How long will it take that thing to mow the whole course?

[Allan @amredman]

@acekingspades @SteveOnSpeed Sure.

And you're on the "against" side.

That's cool.

[Allan @amredman]

@acekingspades @SteveOnSpeed Some people find use and value outside of transmitting money. Other people don't.

They're both right.

[Allan @amredman]

He did, but he also said well in advance that they were doing this.

The never sell mantra is more likely pointing to the idea that they will always hold a very large position. Not that it can't shift up or down by small amounts.

Having said that, clearer messaging would have been better.

[Allan @amredman]

@Lifeinvestmoney @UltimoLegend Needs a new Johnson rod

[Allan @amredman]

@BoomerDivvies Just buy it on Oct 5th, 2026.

Don't worry about the price.

[Allan @amredman]

@robertgraham Billionaires can't do this in the long term, because in the long term everybody dies and they'll get hit with an estate tax.

Now, there are things that can be done to mitigate this, but that usually takes planning way way in advance.

[Allan @amredman]

@SteveOnSpeed I'll be honest, I've never backed into a spot and have never had an issue with visibility backing out.

Not to mention the plethora of sensors that are scanning things.

[Allan @amredman]

@DougieT_1983 @paul__sullivan @TheCADInvestor Correct.

At that income level, OAS is pretty much all clawed back (as it obviously should be).

[Allan @amredman]

@BoomerDivvies @palmbtcX I don't think it will this year.

27/28 is more likely

[Allan @amredman]

@BoomerDivvies Hey, I didn't say I didn't have any money :)

[Allan @amredman]

@paul__sullivan @TheCADInvestor You missed the mark when you said "I'm a math guy, you're a software guy".

Think about how that comes across.

[Allan @amredman]

@paul__sullivan @TheCADInvestor Yeah, definitely no overlap between software and math...

[Allan @amredman]

@paul__sullivan @TheCADInvestor I think a reasonable burn down is fine.

But at the same time, I wouldn't worry about it.

A high tax bill at the end is made up for by the return on the deferrals along the way.

[Allan @amredman]

@MatthewLofgren @TheCADInvestor Having a good burn down plan is good.

But I don't personally see this as being an issue.

Higher taxes in the final year are made up for the deferred returns that they're made for who knows how long.

[Allan @amredman]

@paul__sullivan @TheCADInvestor Well, if you need the money right away, you wouldn't put it into the RRSP.

[Allan @amredman]

@Fat_Electrician Probably that dumb...