A story about people sitting on $1.4 million in capital gains but who are afraid of paying $270K in taxes.http://www.sfchronicle.com/business/networth/article/Where-capital-gains-tax-slows-home-sales-and-6827358.php?t=c030d7b8210a4808f6&cmpid=twitter-premium …
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@kimmaicutler tax avoidance would be trying to transfer ownership without paying taxes due as a result. No sale = no taxable event -
@pmohme the story is pointing out a structural issue in the market that inhibits turnover for younger families that need family housing. - 3 more replies
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