RE: But only for tax purposes.
Yep, think about Kamala’s plans for UNREALIZED CAPITAL GAINS.
She wants you to believe that it’s only for the mansions of the Uber rich…
Eventually, with your home worth over a million because of location and demand, YOU become the Uber rich and have to pay taxes on your home’s assessed value whether or not you’ve sold it.
There’s always the Congressman Rangel family approach of combining two apartments, one’s one and that of one’s significant other.
There are combined DC apartments from buying one’s neighbors’ apartment cheap circa 1970.
Family in San Diego, CA have a nice enough house, 3 beds one bath but no yard and the house is smaller than ours.
Appraises at over a Million - which astounds them both, LOL!