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cintrix

01/07/20 2:57 PM

#5505 RE: rangers120 #5504

You pay taxes on every gain. But you don't pay them until you file your tax return. So regardless of whether you sell the first half at a profit and the rest at another date, as long as you have a gain you will have to report that and pay taxes on it. Any lot you sell you need to report - gain or loss - if it is a gain you will pay taxes.