samthegeek’s avatarsamthegeek’s Twitter Archive—№ 63,189

  1. …in reply to @hammer_mt
    hammer_mt levie You sell stock, just like you currently have to if you’re subject to AMT. there’s also a specific mechanism to deal with the situation where someone is mostly illiquid — like if your wealth is all in a house — the tax is deferred until you sell.
    1. …in reply to @SamTheGeek
      hammer_mt levie Because this only applies to folks with >$100mm in assets it’s unlikely to be just *one* house too.