The article wasn't completely clear about where these millionaires are actually living. One client saved nearly 100K/year by declaring a primary residence in a

The article wasn't completely clear about where these millionaires are actually living. One client saved nearly 100K/year by declaring a primary residence in another state (Wyoming). Does that actually mean he/she lives there? Another thing - almost anyone who bought a modest house in a nice neighborhood in most of the bay area, los angeles, san diego, santa barbara... more than 15 years ago is probably a millionaire on paper. I have a feeling a lot of these millionaire cash outs are retirees tapping home equity. But are high tech entrepreneurs, flush with a mil from their first success, eager to leave silicon valley and resettle in Wyoming? Seriously doubt it.