Is the principal on your mortgage payment still savings if your house burned down?toto238 wrote:let's say my house burns down to the ground and now I need a new house
nooboglebrain, if you're okay with no tax instead of taxed as long-term, municipal bonds would be a good option.Spirit Rider wrote:A long term zero coupon municipal bond of your home state would have a tax-free payment at maturity.
But what's the cutoff of what's allowable? If there's any tax, then it's a definite no-go? E.g., 1¢ of LTCG results in 0.15¢ of tax. And in that case, does it matter if 1¢ is actually 1% gain or 10% gain?avalpert wrote:I wouldn't, don't really see an advantage to paying taxes now that can be deferred for later