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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Augustus Gloop who wrote (8204)8/28/2007 10:21:00 PM
From: Hawkmoon  Read Replies (2) | Respond to of 33421
 
If you lose a million dollars that isn't the case. You don't get to deduct all your losses in one year - they roll forward (contact your tax consultant for tax implications <g>). Thats not fair in the same way it isn't fair to pay a mill rate on an inflated home value.

Probably one of the best reasons to own property via a family corporation.

Hawk



To: Augustus Gloop who wrote (8204)8/28/2007 10:43:27 PM
From: John Pitera  Read Replies (1) | Respond to of 33421
 
wow it's so cool to see so much of the old crowd around... I feel honored and blessed....

Let's just hope this is not the acceleration of a 40% down move in equities.