You guys understand what a "deemed disposition" is... right? What he's saying is not a good thing. He had to come up with $100,000 from somewhere despite not actually having received any money for his property. This causes serious problems for people, and not just mega rich people.
__________________
"The great promise of the Internet was that more information would automatically yield better decisions. The great disappointment is that more information actually yields more possibilities to confirm what you already believed anyway." - Brian Eno
|