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Re: wannabeeriche post# 9934

Wednesday, 08/18/2021 4:49:16 PM

Wednesday, August 18, 2021 4:49:16 PM

Post# of 9963
He’s retired , has been for sometime. He initials sold his tax credit position and then his equity position that the new owners become beholding too his old accumulated common shareholders for the tax credits that was sold with the debt owing Phil.

The new owners over time roll the tax credit once it becomes a tax debt into an annuity pay out. I’m talking probably there kids ending up with the tax debt or rolling it over with new investors be it a private offering or another public one under a different entity name or alias.

These things can be dormant up too Forty years. Not recommended investment for anyone over twenty five. Thirty if your not a smoker or that may have a lazy couch attitude.

You can still trade your self out of the predicament if you work the boards turning a negative into a positive and visversa catching the dips and highs along the way. Tic Toc not much time to do so. You better get a move on time is a waiting.

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