📈 Stock Market 1d ago · Gerelyn Terzo

The State Took His Land at 63 and Wrote Him a Check. Social Security Looked Away. The IRS Did Not.

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The post The State Took His Land at 63 and Wrote Him a Check. Social Security Looked Away. The IRS Did Not. appeared first on 24/7 Wall St..
A Letter From the State, and a Knot in the Stomach
Picture a 63-year-old man who has already claimed Social Security. He owns a parcel of land, perhaps inherited or bought decades ago. Then a certified letter arrives: the state is taking the property through eminent domain for a public infrastructure project, and it will pay him six figures for the land.
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