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The_Free_Nebula

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Re: hoppylad post# 7298

Saturday, 04/29/2006 9:50:03 AM

Saturday, April 29, 2006 9:50:03 AM

Post# of 162776
When you flip and make money you are only subject to short term cap gains which will impact you overall AGI - adjusted gross income. It is not a seperate or additional tax. The LTCG is still 15%. So that is an incentive to hold for a year. But with stinky pinkies one should take some profits as they are presented.


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Volume:
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Total Trades:
  • 1D
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  • 6M
  • 1Y
  • 5Y
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