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Re: ttubular post# 1406

Thursday, 05/12/2016 8:57:41 AM

Thursday, May 12, 2016 8:57:41 AM

Post# of 1499
Well... They all but told us may would be the filing date. They gave two outs either sell or take part in the exchange.

My understanding is if you sold or took part in the exchange your codi taxes would be less than if you held. I sold in April there might be some codi but hopefully not the full hit

The person I feel sorry for is the new unit holder who buys now with no knowledge of the tax impact. I think the sec should halt this until after Ch 11 is final

All imho