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phillymillions

04/03/14 11:21 AM

#97031 RE: Acoezy #97024

ACOEZY !!! I have been wondering there has to be a loophole with taxes. So if you reinvest the short term (under one year) capital gains profits within 90 days into an asset such as real estate or other stocks you dont pay taxes?

computerguy101

04/03/14 11:22 AM

#97032 RE: Acoezy #97024

Nice. Still have time but also have 2 1/2 acres in Florida from my parents who passed away that I plan on retiring too (assuming wife will go with me) and then I could do just that!

Will keep that in mind when time comes.


Just buy a house CASH!! You don't pay taxes if you reinvest the money within 90 days :)