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Post# of 114953
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midas716

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midas716

Re: stockasaurus rex post# 82793

Friday, 07/27/2007 9:41:28 PM

Friday, July 27, 2007 9:41:28 PM

Post# of 114953
First off as I just posted you do not have to pay taxes on a loan. Secondly the PDR's have not been sold. They are loaning you money against your assets as I understand it. It's called a secured loan. Thirdly until you sell those PDR's you have not created any capital gains and you will owe nothing until you sell them.

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