People would be better off understanding basic economics than watching this podcast...the concepts of supply and demand curves, substitute goods, dead weight loss, producer surplus, etc. are far better indicators than "it might happen in 7 years it might happen in 18 years". 

Those memos do not hold authoratative weight but shows the IRS’ thoughts!

@Tal Shachar  While you can do a lot to older windows replacing ropes and ensuring weights are in place to open and close your issue will be liability due to lead paint. 

I put weight into credit scores don't get me wrong.

It’s not because of your genes that we don’t lose weight.

Also, the easiest way to avoid gaining weight is to avoid food. :)   Your formula is not how it works, and I cannot give you a better formula, because it really is complicated when it comes to depreciation recapture.

., mixed in with another class (maybe along with sex ed) would be beneficial to high school students in general, extensive mandatory instruction in personal finances would have too many very personal variables to be taught successfully in a class setting with tests and grades attached, and could actually prove harmful if certain philosophies are given more weight than others.            

I miss going to the gym (I have some weights here, thank goodness) but have been busy with my wholesaling business and this renovation. 

So weight the pros and cons 

Just like inflation erodes the value of your lump of savings, it erodes the weight of your mortgage debt balance just the same.