No. of Recommendations: 2
intercst:

JAFO31 asks: <<<"Even with big deductions, from where did the other income from?>>>

"My guess is that they're calling a return of capital tax-free "income"."

Well paying $10,000 for that advice is even more stupid.

"Income" means something.

Nobody pays taxes on return of capital.

So (1) it is not a 6-figure income in any convential sense of income, (2) the couple is paying $10k on less than 90k of income (or 11%+) to their financial advisor, and (3) they are advertising (or allowing their financial advisor to advertise) that they are "fish" happy to be eaten by the sharks????

Regards, JAFO
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