[Fletch]

[quote=briansd1]
1) Our debt is denominated in our own currency (can devalue the debt away if needed),
[/quote]

Except that isn’t almost all of our underlying debt (social security and medicare) inflation-indexed, and thus not capable of being “devalued away”?

[Fletch]

[quote=briansd1]
1) Our debt is denominated in our own currency (can devalue the debt away if needed),
[/quote]

Except that isn’t almost all of our underlying debt (social security and medicare) inflation-indexed, and thus not capable of being “devalued away”?

[Fletch]

[quote=briansd1]
1) Our debt is denominated in our own currency (can devalue the debt away if needed),
[/quote]

Except that isn’t almost all of our underlying debt (social security and medicare) inflation-indexed, and thus not capable of being “devalued away”?

[Fletch]

[quote=briansd1]
1) Our debt is denominated in our own currency (can devalue the debt away if needed),
[/quote]

Except that isn’t almost all of our underlying debt (social security and medicare) inflation-indexed, and thus not capable of being “devalued away”?

[Fletch]

[quote=briansd1]
1) Our debt is denominated in our own currency (can devalue the debt away if needed),
[/quote]

Except that isn’t almost all of our underlying debt (social security and medicare) inflation-indexed, and thus not capable of being “devalued away”?

[Fletch]

[quote=scaredycat]people were slimeballs back then too. they were worse then. if the immorality fo a society could be measured, it was much larger back then.[/quote]
They were better at the hard virtues. We are better at the soft ones.

[Fletch]

[quote=scaredycat]people were slimeballs back then too. they were worse then. if the immorality fo a society could be measured, it was much larger back then.[/quote]
They were better at the hard virtues. We are better at the soft ones.

[Fletch]

[quote=scaredycat]people were slimeballs back then too. they were worse then. if the immorality fo a society could be measured, it was much larger back then.[/quote]
They were better at the hard virtues. We are better at the soft ones.

[Fletch]

[quote=scaredycat]people were slimeballs back then too. they were worse then. if the immorality fo a society could be measured, it was much larger back then.[/quote]
They were better at the hard virtues. We are better at the soft ones.

[Fletch]

[quote=scaredycat]people were slimeballs back then too. they were worse then. if the immorality fo a society could be measured, it was much larger back then.[/quote]
They were better at the hard virtues. We are better at the soft ones.

[Fletch]

[quote=FormerSanDiegan]
So, if you convert your primary to a rental and received a favorable (inflated?) appraisal at that time for tax purposes, you could eventually take the loss when selling as an investment property.

http://www.aicpa.org/PUBS/taxadv/jul2008/casestudy.html%5B/quote%5D

Thanks for elaborating, FSD. I feel better now. I can think of no way I could have (ethically) gotten an appraisal that would be have been high enough to make the tax write off worth the conversion.

[Fletch]

[quote=FormerSanDiegan]
So, if you convert your primary to a rental and received a favorable (inflated?) appraisal at that time for tax purposes, you could eventually take the loss when selling as an investment property.

http://www.aicpa.org/PUBS/taxadv/jul2008/casestudy.html%5B/quote%5D

Thanks for elaborating, FSD. I feel better now. I can think of no way I could have (ethically) gotten an appraisal that would be have been high enough to make the tax write off worth the conversion.

[Fletch]

[quote=FormerSanDiegan]
So, if you convert your primary to a rental and received a favorable (inflated?) appraisal at that time for tax purposes, you could eventually take the loss when selling as an investment property.

http://www.aicpa.org/PUBS/taxadv/jul2008/casestudy.html%5B/quote%5D

Thanks for elaborating, FSD. I feel better now. I can think of no way I could have (ethically) gotten an appraisal that would be have been high enough to make the tax write off worth the conversion.

[Fletch]

[quote=FormerSanDiegan]
So, if you convert your primary to a rental and received a favorable (inflated?) appraisal at that time for tax purposes, you could eventually take the loss when selling as an investment property.

http://www.aicpa.org/PUBS/taxadv/jul2008/casestudy.html%5B/quote%5D

Thanks for elaborating, FSD. I feel better now. I can think of no way I could have (ethically) gotten an appraisal that would be have been high enough to make the tax write off worth the conversion.

[Fletch]

[quote=FormerSanDiegan]
So, if you convert your primary to a rental and received a favorable (inflated?) appraisal at that time for tax purposes, you could eventually take the loss when selling as an investment property.

http://www.aicpa.org/PUBS/taxadv/jul2008/casestudy.html%5B/quote%5D

Thanks for elaborating, FSD. I feel better now. I can think of no way I could have (ethically) gotten an appraisal that would be have been high enough to make the tax write off worth the conversion.

[Author]

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