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Old 02-03-2022, 08:53 PM   #17
John Mercier
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Quote:
Originally Posted by garysanfran View Post
You can't pay taxes with equity unless you borrow against it. Renting your place to pay taxes means you have to go elsewhere, can't have nice things and it will put you in a higher tax bracket. No one should be taxed out of their homes and it happened to every one of my neighbors over 60 years.
They weren't saving enough for retirement.
https://www.marketwatch.com/story/th...41.4%20million.
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