Re: AND HOW ABOUT THIS??
in response to
by
posted on
Oct 21, 2008 11:09AM
on an another thought if you get all the excitement in 180 days it is going to be costly, you will be paying the short term capital gain tax which is treated as an ordinary income and you will pay 35% to uncle sam but RP wants you to have a long term excitement which is taxable and a lower rate say 10 or 15 %
so now short or long it is your call.