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02/11/10 4:16 PM

#21085 RE: Flip #21082

Well as far as I can tell from all of the people who have asked the IRS and other tax officials it will be a capital gain.

But for you that will be long term so a fixed 15% is not bad IMHO.

When?

Well with all of this great news out and all of the disclosure from the government of Iraq it may be very soon.

The United Nations Security Council is meeting this weekend to address the removal of Iraq from all chapter 7 sanctions.

Also we have Hillary Clinton going to Iraq next week to work on economic ties and agreements between Iraq and the US.

So I say anytime between now and the end of this year.

But with all of this positive news it would seem we are very close.