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To: rkral who wrote (177821)5/6/2004 10:39:39 PM
From: Elmer Phud  Read Replies (2) | Respond to of 186894
 
rkral

If you sign over a car for the labor of shingling your house, the IRS requires the laborer to declare the value of the car as income .. even though you "haven't paid out a dime".

Then you have suffered an expense and I agree with that. What if you simply granted the laborer an option to buy your car at fail market value? Have you suffered an expense?

I've been studying ESOs and refining my opinion about them for more than two years now. How long for you?

I got my first company options about 15 years ago.