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  • November 12, 2010 at 7:05 PM #631487
    jpinpb
    Participant

    It’ll be ugly if they take away Prop 13. Haven’t heard talk about that. But hearing a little too much talk about MID going around.

    November 15, 2010 at 10:08 AM #630918
    patb
    Participant

    Cap the Deduction to 250K incomes, then start a 12 year phase out process where in 2013, you can only deduct 95% of the interest, and keep spooling it down
    until 2025.

    November 15, 2010 at 10:08 AM #630996
    patb
    Participant

    Cap the Deduction to 250K incomes, then start a 12 year phase out process where in 2013, you can only deduct 95% of the interest, and keep spooling it down
    until 2025.

    November 15, 2010 at 10:08 AM #631569
    patb
    Participant

    Cap the Deduction to 250K incomes, then start a 12 year phase out process where in 2013, you can only deduct 95% of the interest, and keep spooling it down
    until 2025.

    November 15, 2010 at 10:08 AM #631698
    patb
    Participant

    Cap the Deduction to 250K incomes, then start a 12 year phase out process where in 2013, you can only deduct 95% of the interest, and keep spooling it down
    until 2025.

    November 15, 2010 at 10:08 AM #632016
    patb
    Participant

    Cap the Deduction to 250K incomes, then start a 12 year phase out process where in 2013, you can only deduct 95% of the interest, and keep spooling it down
    until 2025.

    November 15, 2010 at 10:51 AM #630933
    no_such_reality
    Participant

    [quote=patb]Cap the Deduction to 250K incomes, then start a 12 year phase out process where in 2013, you can only deduct 95% of the interest, and keep spooling it down
    until 2025.[/quote]

    Obviously, either my wife or I just need to quit working.

    November 15, 2010 at 10:51 AM #631011
    no_such_reality
    Participant

    [quote=patb]Cap the Deduction to 250K incomes, then start a 12 year phase out process where in 2013, you can only deduct 95% of the interest, and keep spooling it down
    until 2025.[/quote]

    Obviously, either my wife or I just need to quit working.

    November 15, 2010 at 10:51 AM #631584
    no_such_reality
    Participant

    [quote=patb]Cap the Deduction to 250K incomes, then start a 12 year phase out process where in 2013, you can only deduct 95% of the interest, and keep spooling it down
    until 2025.[/quote]

    Obviously, either my wife or I just need to quit working.

    November 15, 2010 at 10:51 AM #631713
    no_such_reality
    Participant

    [quote=patb]Cap the Deduction to 250K incomes, then start a 12 year phase out process where in 2013, you can only deduct 95% of the interest, and keep spooling it down
    until 2025.[/quote]

    Obviously, either my wife or I just need to quit working.

    November 15, 2010 at 10:51 AM #632031
    no_such_reality
    Participant

    [quote=patb]Cap the Deduction to 250K incomes, then start a 12 year phase out process where in 2013, you can only deduct 95% of the interest, and keep spooling it down
    until 2025.[/quote]

    Obviously, either my wife or I just need to quit working.

    November 15, 2010 at 11:34 AM #630948
    Coronita
    Participant

    [quote=no_such_reality][quote=patb]Cap the Deduction to 250K incomes, then start a 12 year phase out process where in 2013, you can only deduct 95% of the interest, and keep spooling it down
    until 2025.[/quote]

    Obviously, either my wife or I just need to quit working.[/quote]

    Better yet, just file for a divorce in name only and hold the property under “tenants in common”…..Then you won’t trigger the cap…Works well to escape the “tax on wealthy” too…

    November 15, 2010 at 11:34 AM #631026
    Coronita
    Participant

    [quote=no_such_reality][quote=patb]Cap the Deduction to 250K incomes, then start a 12 year phase out process where in 2013, you can only deduct 95% of the interest, and keep spooling it down
    until 2025.[/quote]

    Obviously, either my wife or I just need to quit working.[/quote]

    Better yet, just file for a divorce in name only and hold the property under “tenants in common”…..Then you won’t trigger the cap…Works well to escape the “tax on wealthy” too…

    November 15, 2010 at 11:34 AM #631599
    Coronita
    Participant

    [quote=no_such_reality][quote=patb]Cap the Deduction to 250K incomes, then start a 12 year phase out process where in 2013, you can only deduct 95% of the interest, and keep spooling it down
    until 2025.[/quote]

    Obviously, either my wife or I just need to quit working.[/quote]

    Better yet, just file for a divorce in name only and hold the property under “tenants in common”…..Then you won’t trigger the cap…Works well to escape the “tax on wealthy” too…

    November 15, 2010 at 11:34 AM #631728
    Coronita
    Participant

    [quote=no_such_reality][quote=patb]Cap the Deduction to 250K incomes, then start a 12 year phase out process where in 2013, you can only deduct 95% of the interest, and keep spooling it down
    until 2025.[/quote]

    Obviously, either my wife or I just need to quit working.[/quote]

    Better yet, just file for a divorce in name only and hold the property under “tenants in common”…..Then you won’t trigger the cap…Works well to escape the “tax on wealthy” too…

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