Comment by Own_Back_2038 on 03/02/2025 at 00:26 UTC

1 upvotes, 1 direct replies (showing 1)

View submission: Washington should follow Minnesota’s lead and lower sales tax on all goods affected by tariffs

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We manage to do it will real estate assets, what’s substantially different about it?

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Comment by Zonernovi at 04/02/2025 at 03:26 UTC

1 upvotes, 1 direct replies

You gonna be able to track bitcoins, safe deposit boxes, offshore stock and bank accounts? How about if you own partial interest in a business that owns multiple other businesses? Or even multiple layers of companies. Real estate assets have registered ownership that is easy to define sometimes. But even that can have multiple LLC's that own other LLC's. This is a rat hole that would tie up the IRS in knots.