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View Poll Results: Is a home an asset or liability?
Asset 17 56.67%
Liability 7 23.33%
I live in tater's whore of an ex-wife's chlamydia infested vag. 6 20.00%
Voters: 30. You may not vote on this poll

 
 
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Old 12-14-2009, 05:47 PM   #11
t-homo
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Join Date: Feb 2008
Location: Springfield, MO
Posts: 7,146
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The way I have always been taught (by parents and as a finance major) an asset is something that will gain money for you and a liability is something that will lose you money.
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