There goes another tabu-not paying taxes

[BigGuynRusty]

Rick-o wrote:
Who is Barbie? Forum name search returns nothing. Are you making more errors, Dakota?

The post above Dakota's has a picture of Barbie.

BGnR

[Rick-o]

So Dakota's replying to sig pics? How strange.

[Mac1337]

Since nobody seems to be interested in the substance of the post let me quote this,

"Sebelius said she sold her home in Topeka, Kan., for an amount less than the outstanding balance on the mortgage. She continued paying off the loan and the interest for which they continued to claim a deduction"

So here is the question. How can you close on a sale if you can't payoff your mortgage? How can you even"continue to pay off" the loan after settlement? Is it the same loan? A different loan? There are millions who are underwater and can't sell their homes for precisely this reason. Inquiring minds want to know how she did it. I sure don't see any inquiring minds here.

[OWC Jamie]

9 year old Kenny isn't the brightest bulb on the planet.

[JoeH]

Dakota wrote:
Since nobody seems to be interested in the substance of the post let me quote this,

"Sebelius said she sold her home in Topeka, Kan., for an amount less than the outstanding balance on the mortgage. She continued paying off the loan and the interest for which they continued to claim a deduction"

So here is the question. How can you close on a sale if you can't payoff your mortgage? How can you even"continue to pay off" the loan after settlement? Is it the same loan? A different loan? There are millions who are underwater and can't sell their homes for precisely this reason. Inquiring minds want to know how she did it. I sure don't see any inquiring minds here.

Why don't you go find out then? Not interested myself, I have seen enough loans that had provisions for balances in 'underwater' payoffs to be converted to personal loans or other instruments. Banks and loan holders can be very flexible in situations where they continue to get paid by a borrower with income to cover the payments. On paper it is no longer a mortgage, but if you continued to pay the same and to the same place you might not appreciate the difference. That is the kind of thing accountants, CPA's and the IRS do notice though.

[rgG]

[Rick-o]

Hmm. No Kenny registered on the forum as well.

Hey billb, maybe you should post an obscure pic to explain what the hell your talking about? That sometimes helps. And, I might add, just sometimes.

[$tevie]

rgG wrote:

[Carnos Jax]

Dakota, why are you starting the name calling thing again?

[Racer X]

BigGuynRusty wrote:
[quote=Dakota]
With another nominee "discovering" she didn't pay her taxes, I think the country has pretty much accepted this as a part of their resume. I suspect it won't even make the headlines let alone derail her nomination. High officials not paying taxes is now added to other former tabus like sex with the interns, soliciting sex in bathrooms, going back on campaign pledges and receiving money from people you are supposed to regulate. No big deal.

Did you mean Taboo, or Tuba?

BGnR
Naw, Habu. The SR-71 didn't pay its taxes.