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FuturePerformance t1_j9vl97t wrote

Reply to comment by The_Common_God in LPT Request: how can I avoid capital gains tax (20%) on land sold (<$500,000)? by ScrollinMyLifeAway

Avoiding tax legally is the same thing as minimizing taxes.. paying taxes that you can legally avoid is paying more than you owe.. I feel like you're splitting hairs here

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The_Common_God t1_j9w3cax wrote

Avoid and minimize are 2 different words that have 2 different contexts in this scenario. If anything I'm not splitting hairs so much as you're believing that the toupee is made out of one big piece of hair.

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