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And then die me not pay back loans? Or what if there is a market downturn and now the lenders are stuck holding it? Maybe they don’t lend I’m the first place?
by ericmay 7y ago
And then die me not pay back loans? Or what if there is a market downturn and now the lenders are stuck holding it? Maybe they don’t lend I’m the first place?
Lots of unknowns here.
- rcpt 7y agoYes: Buy. Borrow. Die. It's how the wealthy skip taxes in the US. Or, if she is seriously so destitute and financially illiterate that this is all too hard there are targeted programs in California for her: https://www.sco.ca.gov/ardtax_prop_tax_postponement.html https://www.sco.ca.gov/ardtax_prop_tax_postponement.html The fact is that Prop 13 is just a handout to successful land speculators at the expense of everyone else.