Replies to post #1590 on Investor Help (NO Ihub questions)

[cintrix]

You have to pay the entire capital gains. The account is under your name and ss# so you pay the gains and you can also use the losses up to 3k a year. If you want to do it so that you all fairly get taxed you would need to open up a joint partnership account - llc. You can ask Steve here if that is the best route for you:
http://investorshub.advfn.com/boards/board.aspx?board_id=4597