Will this 40K income be taxed as your regular income? If you hold more than a year, it will be taxed as longterm capital gain and taxed 0% or 15%. I think maybe you should hold it for a year?
Will this 40K income be taxed as your regular income? If you hold more than a year, it will be taxed as longterm capital gain and taxed 0% or 15%. I think maybe you should hold it for a year?
• To save that 15%, I have to hold it for more than a year. -va_landlord- ♂ (116 bytes) () 09/14/2011 postreply 18:06:47
• but how can you guarenttee that you can flip 3-4 times a year? -meowi- ♀ (195 bytes) () 09/14/2011 postreply 21:30:41