AM64
Well-Known Member
- Joined
- Feb 11, 2016
- Messages
- 28,692
- Likes
- 42,750
How does one fudge asset values to avoid taxes?
Good question, but I still say accounting is a sport with lots of plays. Maybe it's just the inverse of accusations against Trump about running up values for loan purposes.
Some of the fun is really going to hit the fan when home revaluation for property tax purposes really gets into high gear. Lots of people are talking about how much houses have appreciated, bet they aren't going to appreciate the tax increases when they come ... and especially the inflated tax basis when the whole thing collapses.


