Taxing unrealized gains on a primary residence would be political suicide.

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Sep 10, 2024
7:43:46am

DubuMfalme Intervention Needed

Taxing unrealized gains on a primary residence would be political suicide.

That's not going to happen.

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DubuMfalme

Previous username: ReiUrso
New username: OrsoNero
Bio page: DubuMfalme
Joined: Aug 30, 2019
Last login: Sep 11, 2024
Total posts: 0 (0 FO)

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Messages

Author

Time

POLL: With all of your assets considered, are you a millionaire?

byujacob INSUFFERABLE KNOW IT ALL

Sep 10, 7:19am

Maybe a millionaire, in debt.

Dark Forest Green

Sep 10, 7:20am

Just a nitpick but vehicles are absolutely included in net worth, just like any

Buffalo

Sep 10, 7:23am

Understandable, but they are mostly a depreciating asset, so I thought we'd leave them out for the sake of this poll.

byujacob

Sep 10, 7:35am

I do not count in net worth just like I don't count my other assets like couches, tvs etc.

Baron

Sep 10, 7:54am

Unsure. Could be a billionaire by now. That’s for the accountants to deal with

Nikomedes

Sep 10, 7:24am

Hard to put a value on my personal brand, but it's HUGE!

Sep 10, 7:26am

A million used to be a lot. It’s not now but is still a nice number.

Hoopster

Sep 10, 7:30am

I’ve got lots of children, what value do I give them?

Yukon

Sep 10, 7:32am

I don't care what you say, I'm going to include my great ideas anyway.:)

Undefeated

Sep 10, 7:32am

With your track record you definitely should

Sep 10, 7:36am

Edited: Oh, I get it now! lol.

Undefeated

Sep 10, 7:43am

Close. Will be soon, maybe sometime in 2025.

brazilcoug

Sep 10, 7:33am

Keep us posted.

byujacob

Sep 10, 7:38am

Unless you still owe a lot on it, a home in Utah gets you close these days. Yes,

Hoopster

Sep 10, 7:37am

Sell or not may not matter since Harris may consider the unrealized gains to be

Hoopster

Sep 10, 7:41am

Taxing unrealized gains on a primary residence would be political suicide.

DubuMfalme

Sep 10, 7:43am

This is why I’m skeptical of any personal wealth stats. A guy with a $2MM home

DiamondMo

Sep 10, 8:31am

The 1st million is the hardest.

TADOW

Sep 10, 7:39am

NPV of pension puts us over the top.

SpecialT

Sep 10, 8:15am

Let me check what the market is doing today before I answer

RC Vikings

Sep 10, 8:22am

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