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Posted On: 10/22/2020 4:53:05 PM
Post# of 86211
Long term capital gains: not as nice as one would think, after adding in the States capital gain tax, one can pay up to 33% between Fed and State. There are 9 States that do not have capital gains tax.
Either way that's a lot to pay for us taking the risk..
Definitely a tax lawyer will be needed with a financial advisor...
It will be fun, but with such gains comes greater responsibility, not a fan of to much responsibility....best of luck
Either way that's a lot to pay for us taking the risk..
Definitely a tax lawyer will be needed with a financial advisor...
It will be fun, but with such gains comes greater responsibility, not a fan of to much responsibility....best of luck
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