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> Gains on that property deferred for up to 25 years. Well yeah, before that point it hasn’t been sold, so paying taxes on unrealized gains on what the house “

by xienze 5y ago

> Gains on that property deferred for up to 25 years. Well yeah, before that point it hasn’t been sold, so paying taxes on unrealized gains on what the house “should” be worth is bullshit.

cletus 5y ago
I agree, but my point is that this is a favourable tax treatment (which it is) because it doesn't have to be that way.
- xienze 5y ago
  How is not charging someone tax on unrealized gains some special, favorable agreement? It's common sense for physical assets.