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Technology Stocks : Semi Equipment Analysis
SOXX 348.67+0.2%Jan 22 4:00 PM EST
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To: Sam who wrote (77956)11/29/2017 4:04:42 PM
From: robert b furman1 Recommendation  Read Replies (2) of 95757
 
Hi Sam,

Not really.

If you are a corporation,and you sell an asset THAT HAS BEEN OWNED FOR LONGER THAN 12 MONTHS - IT STILL IS REGULAR INCOME.

This was why many corporations that had long term real estate switched into Sub chapter S corporations.

After a many year holding pattern the (8-10 years as I recall) long held assets could be sold and taxed as
capital gains.

Bob
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