Replies to post #71049 on Blue Diamond Ventures Inc (BLDV)

[DD_dempsey]

If you hold long past 1 year-

You will have 15% 20% or perhaps none - based on your income.

So it's usually lower than short term. If you make GOOD money- flipping can be very costly as you eill pay highest tax bracket for your stock money.

That's why most HOPE they can wait to keep things long term