Talk of The Villages Florida - View Single Post - Progress is slow, but going in the right direction
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Old 07-17-2023, 02:55 PM
manaboutown manaboutown is offline
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Just don't sell the family farm, so to speak. IRMAA will max out, AMT will hit hard, section 1250 property unrecaptured gain will be taxed at regular income rates (up to 25% - not 37%, thankfully) and to top it off Obamacare's 3.8% icing on the cake will finish the job of substantially reducing your net worth. So much for loopholes, bah, humbug!
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Last edited by manaboutown; 07-17-2023 at 03:03 PM.