- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: You inherit $5 million tax free, what changes?
Posted on 2/21/18 at 11:16 am to Pilot Tiger
Posted on 2/21/18 at 11:16 am to Pilot Tiger
you'd move to California, buy a $1.3M (26% of your inheritance) 1,300 sf home, and bank on "conservative investing"?
I don't think you understand the term. You ever heard of capital gains tax in California?
I don't think you understand the term. You ever heard of capital gains tax in California?
1
Posted on 2/21/18 at 4:00 pm to DirtyMikeandtheBoys
quote:
you'd move to California, buy a $1.3M (26% of your inheritance) 1,300 sf home, and bank on "conservative investing"?
yes....I would. I'm spending a premium on what I consider my favorite place in the country and can live a relatively modest lifestyle despite the expensive initial cost
quote:personally I'm not letting the higher taxes deter me(in my fantasy) from living in essentially paradise.
I don't think you understand the term. You ever heard of capital gains tax in California?
what good is dreaming about a hypothetical if it's, "well i'll move to livingston parish and put 5MM in a money market and live off $80,000/year. whoopee
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News