- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
In any case, you seem to be letting the Tax Tail wag the Investment Dog, which is foolish.
If you've got a profit in the stock and if you think the stock is going to fall out of bed in the near future, you sell your investment and - maybe - share some of that profit with the IRS. (Long term gains are taxed at very favorable rates, starting a 0% for some, taxed at only 15% for most.) And you laugh all the way to the bank.
Not selling a stock because you don't want to pay taxes on the gain and then watching those profits disappear as the share price plummets is just plain silly.
Tom Young
‎June 3, 2019
12:21 PM