I think Californians still don't fully understand the implications of the tax system they put in place 39 years ago.https://twitter.com/threestationsq/status/872879580780089345 …
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Replying to @kimmaicutler
Assumes heirs are able to pay estate tax and/or wish to co-own their parents' home in perpetuity. Most homes in this category are sold.
1 reply 0 retweets 1 like
Replying to @pmohme
1) federal estate tax threshold is $11M for a married couple. 2) they may have no choice bc there's no supply! https://www.forbes.com/sites/ashleaebeling/2016/10/25/irs-announces-2017-estate-and-gift-tax-limits-the-11-million-tax-break/#10129ec03b70 …
11:59 AM - 8 Jun 2017
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1 like
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