pkothare8083
Returning Member

Investors & landlords

Thanks that helps. Just one clarification. The taxes that we owe will be on the spread and not on the whole amount, correct? So for example, we get the stocks for $45 and we sell it for 45, hypothetically we will not owe any tax. But if we sell it for 50, we will have to pay the tax $5 * number of shares which will be based on ordinary income, correct ?