Comment on This boomer couple would be hit with $700,000 tax bill if they sold their mansion
friend_of_satan@lemmy.world 1 week ago
What makes this even worse is the article doesn’t mention all the money this couple saved by not paying rent for the duration of their home ownership. So not only would they make profit on the sale, they didn’t have to pay rent for all those years, and instead got to keep that money, which puts them at a much bigger financial advantage than folks who can’t afford a home in the first place.