Sounds like a great idea. I have a noisy neighbor - this would allow me to final... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

kolinko on July 19, 2019 | parent | context | favorite | on: Art's sale value? Zero. The tax bill? $29M

Sounds like a great idea. I have a noisy neighbor - this would allow me to finally get rid of him.

Also, there is an old lady living in one apt since WW2, but she's short on cash. I guess I could grab her place too. She took a good care of it over the years, but made a mistake of not investing in crypto, so I can easily outbid her now.

sukilot on July 19, 2019 | [–]

She can pay the tax via a lien on her property (payable at sale or death) or a reverse mortgage. This already happens today.

RepAgent on July 19, 2019 | [–]

Almost all laws have exceptions for personal property and housing that is occupied. Automatic tax deduction takes car of the rest.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact