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Posted On: 12/16/2020 3:32:08 PM
Post# of 85914
The recent DD may have given some the idea of selling off now and getting a tax break (if at a loss of course) but will have to wait 60 days to buy back to keep from taking a wash on the previous sale and not getting that tax break. I'm in the red and I could use it to my benefit for sure but, that 60 days would be gut-wrenching for me I would imagine, and wouldn't think the tax benefit even compares to any chance of losing out on an uplisting.
I'm holding all and just hoping Doc decides to uplist early and catch these flippers slipping
I'm no CPA so I can't say if it would be beneficial to uplist before Jan. 1st to avoid any new taxes a bit but, I would love it...Go for it Doc!
I'm holding all and just hoping Doc decides to uplist early and catch these flippers slipping
I'm no CPA so I can't say if it would be beneficial to uplist before Jan. 1st to avoid any new taxes a bit but, I would love it...Go for it Doc!
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Carefully counting my chickens (as I'm placing all the eggs in one basket!)
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