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Financial Planning / Tax Strategies


Subject:  Re: Deemed Sale of Personal Residence Date:  2/21/2001  9:26 PM
Author:  ldybrd Number:  46944 of 127613

Thanks for your $0.02, JAFO.
Here in PA our homes are assessed for tax purposes periodically also ( though, not yearly). Our homes most often are sold for more ( but, no one minds NOT paying the taxes on a higher #). FMV implied to me what I could actually sell my home for. I did refinance 2 years back and recall( at your suggestion:) ) paying for an appraisal at that point in time. I'll need to locate a copy. Thanks again.
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