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Re: mrmainstreet post# 335135

Wednesday, 04/14/2021 10:56:45 AM

Wednesday, April 14, 2021 10:56:45 AM

Post# of 425912

if they just sell the damn company for $15 so I can take my half mil after taxes

Have you made a little spreadsheet, calculating your take home (after taxes) at various different prices?

I did smile

I subtract roughly 28% of the profits (after my roughly $200,000 cost basis) for taxes. Looks something like this in my case:

(60,000 * 15 - 200,000) * .72 + 200,000 = $704,000
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