Post #7802 by LongTermBRK on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)

Unthreaded | Threaded | Whole Thread (43)

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 7

It’s 100% part of net worth…when you’re dead.

Your Home net worth is considered just like Berkshire stock, CDs, or mutual funds. My state plans on grabbing an extra $100k in estate taxes—the exact same chunk as it would if my home was BRKB stock. My kids plan on enjoying a stepped up ASSET tax basis in tax free inheritance. Or I can reward even more folks— hiring a lawyer to affect that process lol.

So whether you want to count it as net worth or not NOW, your legislature, your kids, and possibly even lawyers most definitely WILL….Later. And if all of THEM count it as your net worth—I’m sorry but you have no choice lol. It’s a valuable tangible asset and it will be fully monetized by you…or some one…lol.

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (43)

Prev | Next

Announcements

Berkshire Hathaway FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.