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makindatcash

11/27/20 8:50 PM

#48980 RE: Fdc4 #48978

You will pay a shit ton more in taxes.. anything under a year they take ALOT
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armstjo1

11/27/20 9:26 PM

#48988 RE: Fdc4 #48978

If "you sell" after the 3 or 4 mos. holding the shares. . .you then create "short term capital gains (on any profits), OR short term capital losses (in case of selling at a loss). Your brokerage house generally keeps records on this and provides you a statement in Jan. or Feb., the following year (so you can give to your tax preparer) for your annual tax return. If. . .if your brokerage does not make available these records, CONTACT THEM about these capital gains/losses!