Agreed the same thing happens with real estate. Why sell when all your gains

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Jul 11, 2021
8:36:37pm

johnnybyu All-American

Agreed the same thing happens with real estate. Why sell when all your gains

Are going to taxes. Better to just refinance.

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johnnybyu

Bio page: johnnybyu
Joined: Jun 6, 2002
Last login: Jun 8, 2024
Total posts: 14,919 (1 FO)

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Messages

Author

Time

Buy, Borrow, Die. How rich Americans live off paper wealth

CBaass

7/11/21 7:53pm

This will happen a lot more if Biden changes cap gains rates. In an inflationary

johnnybyu

7/11/21 7:58pm

Portfolio LOC right now is like 2%. The bank has basically no risk

hansel

7/11/21 8:12pm

Agreed the same thing happens with real estate. Why sell when all your gains

johnnybyu

7/11/21 8:36pm

Although isn't the Biden administration also considering trying to eliminate the

kos

7/11/21 8:28pm

It could be problematic for people receiving inheritance

johnnybyu

7/11/21 8:35pm

Wouldn’t really blow it up, it’d just pass the built-in tax down to the kids

hansel

7/12/21 6:29am

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