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To: Win-Lose-Draw who wrote (177116)7/2/2002 6:40:37 PM
From: LLCF  Read Replies (1) | Respond to of 436258
 
LOL!! this IS getting ugly... time go hunker down with a spleef and a beer on the golf course and in the Jacuzzi for a few months.

DAK



To: Win-Lose-Draw who wrote (177116)7/2/2002 7:59:16 PM
From: Don Lloyd  Read Replies (1) | Respond to of 436258
 
W-L-D,

>>I like the guy who wrote back...>>

I'm 34 yrs old, I need to live to be 164 yrs old to recover all my loses at $3,000 allowed per year max in tax write-offs

Just to note what may be obvious, the limit only applies to ordinary income. So the alternate view is that he may never have to pay capital gains taxes again.

Regards, Don


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