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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (5546)	2/21/2018 3:19:30 PM
From: rcksinc	1 Recommendation Recommended By Kirk © Read Replies (1) \| Respond to of 26638

Kirk here is a chart reflecting what we have been posting about inflation in real life terms......... Ski posted this on the EWave Wiggle thread, re-posting here marketwatch.com

To: Kirk © who wrote (5546)	2/21/2018 3:31:10 PM
From: w0z	1 Recommendation Recommended By Kirk © Read Replies (1) \| Respond to of 26638

I bought the house in 1994 and have huge gains too crazy to estimate here. There is a solution. Move to another state and buy a house on a LOT of land. Then you will not have to recognize the capital gain and will probably be surrounded by serenity rather than stupidity. :-))

To: Kirk © who wrote (5546)	2/22/2018 2:11:13 AM
From: Brian Sullivan	Read Replies (3) \| Respond to of 26638

When you die does the cost basis on California real estate get reset to the current market value, like what happens with stocks. If so that’s a pretty sweet tax dodge, for the next of kin. I am dealing with my fathers Estate and from talking with Vanguard I learned that for each stock position owned at the time of death, I can choose from three options for the new cost basis. 1 Keep the original cost basis 2 Change the cost basis to the price on the date of death 3 wait for 6 months and change the cost basis to the price at that time (6 months after date of death)