Replies to post #109783 on Sulja Bros. Building Supplies, Ltd (SLJB)

[ed53wa]

jkewl-accountant question for capital gains. i hear over a year it's 15%, before 25-40%

[eelfland]

It's long-term after a year, I believe, and then will be taxed as income. If you're in a low tax bracket, you'll save a bundle by waiting--not to mention that if you wait, you'll sell higher, in my opinion. It's really not so off-topic here, as many of us are building up substantial paper profits.

[cheaplaf]

I have asked a similar question and the consensus was to be a long term investment you need to hold for a year and a day.

You also need to factor in the tax amount you will pay on capital gains on long vs short term and your tax bracket

Just my interpretation but I will get solid information from my cpa before selling any.