They've been pretty good lately, but I'm really sweating their upcoming ruling on MOORE v U.S., because I have in fact profited on gains on my house ... I hold title free and clear, but I did a reverse mortgage back in 2015 ... my loan balance is now only payable upon the sale of my house ... but if SCOTUS rules against us, I suppose they could call in all loans payable and due within 30 days if I'm unable to pay the new gains tax ... the SCOTUS ruling on 2010 CITIZEN's UNITED v FEC really proved we dare not assume they will make a fair decision.
And Beijing Biden is pushing for a Wealth Tax in his 2025 budget. IRS will ignore your mortage when they calculate the wealth tax on your house. This is designed to push people into public housing where they can control us.
Hard to figure SCOTUS ...
They've been pretty good lately, but I'm really sweating their upcoming ruling on MOORE v U.S., because I have in fact profited on gains on my house ... I hold title free and clear, but I did a reverse mortgage back in 2015 ... my loan balance is now only payable upon the sale of my house ... but if SCOTUS rules against us, I suppose they could call in all loans payable and due within 30 days if I'm unable to pay the new gains tax ... the SCOTUS ruling on 2010 CITIZEN's UNITED v FEC really proved we dare not assume they will make a fair decision.
And Beijing Biden is pushing for a Wealth Tax in his 2025 budget. IRS will ignore your mortage when they calculate the wealth tax on your house. This is designed to push people into public housing where they can control us.