Mr Cooper Group Inc (COOP): IMO any escrow payment is a settlement a...

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Mr Cooper Group Inc (COOP)

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Boris the Spider

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Boris the Spider

Re: None

Thursday, 11/11/2021 9:24:34 PM

Thursday, November 11, 2021 9:24:34 PM

IMO any escrow payment is a settlement and non taxable.

We never bought these escrow shares so there is no basis to be considered LTCG. They were given to us as a settlement for our releases.

Thus, any payment is settlement money. I think the IRS would have a tough time fighting that in court.

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