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To: JayGalt
How would that work exactly, would you need to sell the property to pay the tax? Great plan.

Yeap sell or use the asset as collateral and borrow the money to pay the tax.

21 posted on 11/15/2019 11:42:23 AM PST by C19fan
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To: C19fan

And between the interest and the yearly tax your equity would melt like sugar in water. Emigration....


52 posted on 11/15/2019 12:27:55 PM PST by JayGalt (You can't teach a donkey how to tap dance. Nemo me impune lacessit!)
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To: C19fan

Warren says you can sign over illiquid assets to the government and they will sell them.


69 posted on 11/15/2019 1:01:17 PM PST by Captain Peter Blood
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