MakingTrax’s Activity

Wed Aug 27

NL

Boards Post

MakingTrax posted to the Tax Strategies board. 3:16 PM

Tax Planning and Sale of Home

We are thinking of selling our home within a year or so. I’ve read IRS Publication 523 to understand how the equity gain exclusion works and the calculation of cost basis. Preliminary calculations indicate that we would have a realized gain over and [more]

NL

Boards Post

MakingTrax replied to the Tax Strategies board. 3:09 PM

Re: REITs

So, would it be fair to suggest that the best account to use for purchase of REIT's (with a goal to minimize taxes on dividends/gains and simplify tax-reporting paperwork) would be a Roth IRA?


Regards,

Making Trax

Mon Aug 18

NL

Boards Post

MakingTrax replied to the Budgeting board. 8:13 PM

Re: Contribute, Sell, or Wait

Buying a house hopefully around Jan/Feb. Is it better to pay more than is owned on auto loan and student loans to pay them down fast over the long term, or take that “extra” money and use towards a down payment?


Hi [more]

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Boards Stats & Trivia

One star, 50 posts Old School Fool
Board Posts 241
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Most Frequent Board Credit Cards and Consumer Debt
Very First Post Re: Is Budgeting the Answer? (7/20/2000)
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