@kimmaicutler @sfchronicle choosing to hold rather than sell, regardless of asset class, is not "tax avoidance."
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@pmohme but if taxes are the stated reason....? - 5 more replies
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@kimmaicutler@sfchronicle The underlying theme is that homeowners won't sell if they pay any taxes. We've entered the crazy zone. -
@sbyrnes@kimmaicutler the taxes can easily be enough to mean any move would be a forced downsize. - 4 more replies
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@mychaelmartinez not exactly. Expectations of lower capital gains or property taxes will merely get capitalized into higher property values.
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@kimmaicutler@KathPender now that he is renting his place, he can defer taxes by doing a 1031 exchange into other rental properties. Easy -
@brezina@KathPender well the point is he should sell, so it frees the home for another family w kids that needs it. - 2 more replies
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@kimmaicutler@KathPender this is comparable to Yahoo's predicament. By holding, they lost more in$BABA than they would have paid to IRS.Thanks. Twitter will use this to make your timeline better. UndoUndo
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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