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A comment on We are publishing the tax secrets of the .001%. Parent comment

Re:We are publishing the tax secrets of the .001% by xienze on Tuesday June 08, 2021 @01:06PM (#27437852)
> Gains on that property deferred for up to 25 years.

Well yeah, before that point it hasn’t been sold, so paying taxes on unrealized gains on what the house “should” be worth is bullshit.

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Re:We are publishing the tax secrets of the .001% by cletus on Tuesday June 08, 2021 @01:11PM (#27437934)
I agree, but my point is that this is a favourable tax treatment (which it is) because it doesn't have to be that way.
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Re:We are publishing the tax secrets of the .001% by xienze on Tuesday June 08, 2021 @02:28PM (#27438978)
How is not charging someone tax on unrealized gains some special, favorable agreement? It's common sense for physical assets.
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