Posted 2/15/2016 08:31 (#5112625 - in reply to #5112587) Subject: RE: A major difference between now and the 80's
southwest illinois
Yep, in the 80's interest was major component which wiped out your tax liability
Today, interest cost is minor compared to the pretax assets needed to pay off banker, consequently the tax needed to pay off at sale can be insurmountable
A major difference between now and the 80's
