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To: Lane3 who wrote (101760)2/23/2005 8:23:44 AM
From: kumar  Respond to of 793755
 
<apparently there's more than one way to look at it.>

Maybe - thats where CPAs make their living.



To: Lane3 who wrote (101760)2/23/2005 8:37:14 AM
From: kumar  Respond to of 793755
 
edit on my prev response : conversion of 300K (or whatever) from an asset to cash may have tax liabilities.

(in the real world, death and taxes are a certainty)