Re: IRS Inquisition
I hear you, Cassie, I love that bubble too. But carefully read the article which includes this:
If the IRS were to impose a different interpretation than in the past, bond buyers could end up having to fork over income tax on the interest from their investment, which they don't have to do now.
So who are these buyers? That isn't easy to discern. But administrators at the districts say some bonds are owned by Villages residents themselves
That could affect the size of bubble.... :dontknow:
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