Presume that a person could keep convert enough such that their "other annual incomes" stay below some state-set level. By that I mean all taxable income from sources outside of the Roth. In many states they may qualify to freeze their property tax assessments from any increase. This can mean a lot over 10 or more years, especially in a growing locale. Also, in some states, they can pay no property tax at all if their AGI is below some "poverty"level. The tax would be placed as a lien against their property and be due upon the sale, presumably upon the death of the owner. This is not necessarily a good thing if one has heirs.
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