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The mortality cliff is here and it's only getting started.

Archive: https://archive.today/1Ocmi

From the post:

>In “The Game of Life,” landing on the “Inherit a House” square is one of the most coveted on the board. In real life, a home or condo is also one of the greatest financial gifts that can be passed on, especially in a housing-strapped state like Colorado. More Coloradans are seeing the big wheel spin in their favor each year. But the pace won’t be enough to make up for a housing shortfall estimated at more than 106,000 units in 2023, according to a report from the Colorado Department of Local Affairs. About one in eight homes that traded hands in Colorado last year represented an inheritance, which is a little below the share that new home sales represented, according to data from the real estate research firm Cotality.

The mortality cliff is here and it's only getting started. Archive: https://archive.today/1Ocmi From the post: >>In “The Game of Life,” landing on the “Inherit a House” square is one of the most coveted on the board. In real life, a home or condo is also one of the greatest financial gifts that can be passed on, especially in a housing-strapped state like Colorado. More Coloradans are seeing the big wheel spin in their favor each year. But the pace won’t be enough to make up for a housing shortfall estimated at more than 106,000 units in 2023, according to a report from the Colorado Department of Local Affairs. About one in eight homes that traded hands in Colorado last year represented an inheritance, which is a little below the share that new home sales represented, according to data from the real estate research firm Cotality.
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[–] • 0 pt

Well, you still pay taxes but your parents/family are dead and probably left you money too.

The loophole is people you care about are dead so you get their stuff even if you would rather they not be dead.

It's a monkey's paw problem.

[–] • 1 pt

Is there a death tax in Colorado? There isn't in Texas, and they voted that into the state constitution last round. As for the IRS there still is like a what, 12m not taxable?

[–] • 1 pt

Most states still have the "death tax" and even federal claims they don't but to a small degree they do but it is at a amount higher than XXXX. I don't remember the number but they still try to fuck you if your family has "generational" anything.

[–] • 1 pt

At least Texas fixed that last Nov.