# Share your net worth progression
**URL:** https://forum.mustachianpost.com/t/share-your-net-worth-progression/4798
**Category:** Investing / Portfolios
**Created:** [November 29, 2020, 3:07pm UTC](https://forum.mustachianpost.com/t/share-your-net-worth-progression/4798 "2020-11-29T15:07:54Z")
**Posts on this page:** 20
**Page:** 42
### Author:  [@Abs\_max](https://forum.mustachianpost.com/u/Abs_max)
#### Post date: [July 16, 2024, 9:11pm UTC](https://forum.mustachianpost.com/t/share-your-net-worth-progression/4798/896 "2024-07-16T21:11:21Z")
Sure.
I was just surprised by the rule. That’s all
But to me it makes sense.
If capital gains tax 30-40% can be charged at time of sale, then taxing current market value would mean double taxation on same thing
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### Author:  [@xmj](https://forum.mustachianpost.com/u/xmj)
#### Post date: [July 17, 2024, 11:34am UTC](https://forum.mustachianpost.com/t/share-your-net-worth-progression/4798/897 "2024-07-17T11:34:05Z")
In case that helps - the rate of real estate gains taxes decreases with the holding period.
The longer you hodl the lower it gets
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### Author:  [@Cortana](https://forum.mustachianpost.com/u/Cortana)
#### Post date: [July 17, 2024, 1:15pm UTC](https://forum.mustachianpost.com/t/share-your-net-worth-progression/4798/898 "2024-07-17T13:15:11Z")
Yes, for example in AG it‘s 40% in the 1st year and decreases by 2%/year for the first 10 years (20% after 10 years) and then by 1%/year for the next 15 years.
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### Author:  [@HoiZame](https://forum.mustachianpost.com/u/HoiZame)
#### Post date: [July 17, 2024, 8:34pm UTC](https://forum.mustachianpost.com/t/share-your-net-worth-progression/4798/899 "2024-07-17T20:34:03Z")
In Zurich the tax value of properties will be updated [Kanton Zürich: Steuerliche Immobilienwerte ab 2025 neu festgelegt](https://www.nzz.ch/zuerich/kanton-zuerich-steuerliche-immobilienwerte-ab-2025-neu-festgelegt-ld.1807505) .
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### Author:  [@Abs\_max](https://forum.mustachianpost.com/u/Abs_max)
#### Post date: [July 17, 2024, 9:54pm UTC](https://forum.mustachianpost.com/t/share-your-net-worth-progression/4798/900 "2024-07-17T21:54:53Z")
Thanks for sharing
This explains a lot
So all this information that tax value doesn’t change for real estate is driven by the fact that tax office simply didn’t reassess them since 2009
However this ~50% increase in tax value is a steep increase.
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### Author:  [@TeaGhost](https://forum.mustachianpost.com/u/TeaGhost)
#### Post date: [July 17, 2024, 10:03pm UTC](https://forum.mustachianpost.com/t/share-your-net-worth-progression/4798/901 "2024-07-17T22:03:40Z")
> [@Abs\_max](#):
>
> However this ~50% increase in tax value is a steep increase.
The article states 10/11% increase in imputed rent (vs 2009) and ~50% in wealth. That is probably quite in line with how average rent increased (not new ones) and how the value of flats evolved. I would call it a fair increase.
Clearly, some people will claim that imputed rent was unfair in pronciple. I don‘t agree to this but lets put it aside. As long as the rules are how they are, the increase seems appropriate to me.
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### Author:  [@ZHCycle](https://forum.mustachianpost.com/u/ZHCycle)
#### Post date: [July 18, 2024, 7:17am UTC](https://forum.mustachianpost.com/t/share-your-net-worth-progression/4798/903 "2024-07-18T07:17:49Z")
Well hopefully the Bund will get rid of that nonsense ‘soon’.
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### Author:  [@TeaGhost](https://forum.mustachianpost.com/u/TeaGhost)
#### Post date: [July 18, 2024, 7:20am UTC](https://forum.mustachianpost.com/t/share-your-net-worth-progression/4798/904 "2024-07-18T07:20:02Z")
And now we moved into politics 😉 I don‘t think that it will happen, and for sure it should not happen
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### Author:  [@Fliss](https://forum.mustachianpost.com/u/Fliss)
#### Post date: [July 31, 2024, 11:51am UTC](https://forum.mustachianpost.com/t/share-your-net-worth-progression/4798/905 "2024-07-31T11:51:54Z")
Ah, maybe time for a long term update. All net.
## Equity/cash 550k Investment RE 750k Inherited RE 225k
Total 1.5m
That’s a decent uptick, but the inherited RE was a ITA emotionally, and a hassle to deal with/sell.
Also, thanks to the crazy Swiss RE market, there is a net value of the house we life in, located in Zurich city:
House 1.2m
I don’t add it to the total, since is is not really useful equity, and taxed to some extend if we sell and don’t rebuy Swiss RE for ourselves. Still, better as net worth, then as net debt.
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### Author:  [@capmac](https://forum.mustachianpost.com/u/capmac)
#### Post date: [July 31, 2024, 2:03pm UTC](https://forum.mustachianpost.com/t/share-your-net-worth-progression/4798/906 "2024-07-31T14:03:35Z")
Is the Investment RE meant for your house in Zurich City? Or is that for other RE?
Not sure what you mean by Investment RE.
Thanks
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### Author:  [@Fliss](https://forum.mustachianpost.com/u/Fliss)
#### Post date: [August 1, 2024, 7:25am UTC](https://forum.mustachianpost.com/t/share-your-net-worth-progression/4798/907 "2024-08-01T07:25:08Z")
Ah, sorry for not specifying (and the horrible markup!).
Investment RE, are a bunch of properties we have bought in France over the years, which we rent out. For a couple of them the mortgages have been paid of, others are still mortgaged.
We should actually buy some additional ones, since we are not properly profiting of leverage at the moment. We even discussed with our bank in France at the end of 2022, and they were willing to consider the bigger mortgage free property as a collateral for a 500k loan. We didn’t follow up, but should – though I am not sure whether to go for more RE, or something else.
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### Author:  [@Elsitio](https://forum.mustachianpost.com/u/Elsitio)
#### Post date: [August 1, 2024, 9:05am UTC](https://forum.mustachianpost.com/t/share-your-net-worth-progression/4798/908 "2024-08-01T09:05:50Z")
Just by curiosity… what is the % return (rent/RE price + costs) of your RE investments in France?
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### Author:  [@Fliss](https://forum.mustachianpost.com/u/Fliss)
#### Post date: [August 1, 2024, 11:00am UTC](https://forum.mustachianpost.com/t/share-your-net-worth-progression/4798/909 "2024-08-01T11:00:09Z")
That would be 4% – I actually estimated the value based on that, we had about 30k net income last year. This year we might end up a bit higher, but something unforeseen can always happen.
This value estimation seems quite realistic to me, based on (market asking prices - 20%). Our French bank is a bit more generous with their estimation for lending purposes, but I guess that’s both based on their business interests and the fact that we have a long term working relation.
Our ROI is, of course, much higher, since we invested ~100k since 2004 and the rest is based on leverage and increases in RE value.
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### Author:  [@Abs\_max](https://forum.mustachianpost.com/u/Abs_max)
#### Post date: [August 1, 2024, 11:08am UTC](https://forum.mustachianpost.com/t/share-your-net-worth-progression/4798/910 "2024-08-01T11:08:19Z")
4% yield is on the current asset value I guess.
Is this pre-tax or post tax?
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### Author:  [@Fliss](https://forum.mustachianpost.com/u/Fliss)
#### Post date: [August 1, 2024, 11:12am UTC](https://forum.mustachianpost.com/t/share-your-net-worth-progression/4798/911 "2024-08-01T11:12:54Z")
Pre-tax.
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### Author:  [@Guillaume\_GVA](https://forum.mustachianpost.com/u/Guillaume_GVA)
#### Post date: [August 1, 2024, 11:48am UTC](https://forum.mustachianpost.com/t/share-your-net-worth-progression/4798/912 "2024-08-01T11:48:19Z")
and as a non resident you’re taxed at 20% up to a taxable income of 28 797 €, then 30% + 7.5% impôt de solidarité + real estate tax (impôt foncier), correct ?
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### Author:  [@Fliss](https://forum.mustachianpost.com/u/Fliss)
#### Post date: [August 1, 2024, 12:51pm UTC](https://forum.mustachianpost.com/t/share-your-net-worth-progression/4798/913 "2024-08-01T12:51:27Z")
The ‘impot foncier’ I considered as a cost factor, so the 30k remaining is after impot foncier is paid. The 20% part sounds reason able; the 30+7.5 hmmmmm – does it matter if you file as a couple?
(Anyway, taken care of by a ‘comptable’, so I hope all fine).
edit, just checked… Declared income 34 979 – tax 7 941
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### Author:  [@Abs\_max](https://forum.mustachianpost.com/u/Abs_max)
#### Post date: [August 1, 2024, 1:38pm UTC](https://forum.mustachianpost.com/t/share-your-net-worth-progression/4798/914 "2024-08-01T13:38:22Z")
I think it’s a good post tax yield.
3.2%
You most likely also have a bit of impact on your Swiss income due to this income (abroad) but still 3-3.2% post tax yield is reasonable.
By the way. Are you accounting for annual maintenance costs ? In CH, it’s recommended to account for 1% of property value. How is it in france? Maybe a bit cheaper
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### Author:  [@Fliss](https://forum.mustachianpost.com/u/Fliss)
#### Post date: [August 2, 2024, 8:36am UTC](https://forum.mustachianpost.com/t/share-your-net-worth-progression/4798/915 "2024-08-02T08:36:05Z")
The maintenance costs depend a bit on the type, the three or four places we have which are a bit more expensive (all relative!), have maintenance costs a bit below 1%. However, the cheaper places – not surprisingly rented out to people a tad lower on the social ladder – it is closer to 2%.
We are upgrading some apartments this year, which definitely increases to the maintenance cost, but should also increase rental income and reduce long term maintenance costs.
* * *
The Swiss 1% seems excessive to me, after recent housing price increases. Doubling of the value did not lead to a doubling in maintenance costs.
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### Author:  [@PhilMongoose](https://forum.mustachianpost.com/u/PhilMongoose)
#### Post date: [August 11, 2024, 12:11pm UTC](https://forum.mustachianpost.com/t/share-your-net-worth-progression/4798/916 "2024-08-11T12:11:21Z")
> [@Fliss](#):
>
> The Swiss 1% seems excessive to me, after recent housing price increases. Doubling of the value did not lead to a doubling in maintenance costs.
That’s what I used to think, but this is a long term figure. People often forget that things like the roof will need replacing, the heating system, the pipes, etc.
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