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Strategies & Market Trends : Turnarund Investing -- Ignore unavailable to you. Want to Upgrade?

To: thatsnotluck who wrote (1532)	5/29/2012 2:58:21 PM
From: bankbuyer	Respond to of 1876

Re Yes but what happens if you are a trader and your capital gains are under reported ? 100% ROC bears MUCH more "due dilly" for any investor.

To: thatsnotluck who wrote (1532)	5/29/2012 3:02:38 PM
From: bankbuyer	Respond to of 1876

Some Roc is to be expected in certain asset classes . 100% ROC on both the common and pref. is not typical.

To: thatsnotluck who wrote (1532)	5/29/2012 3:07:54 PM
From: KirbyJF1	Read Replies (1) \| Respond to of 1876

Hi Thatsnotluck- I guess I was not clear when I made the comment that "Do you pay taxes on ROC." I was trying to get the Village mental Giant to make a comment. A person does not pay taxes on Return of Capital, however you must lower your cost on ones purchases. Some of my purchases in 2009 have a very low cost basis. So When I sell some of those lots that I purchased in 2009 my cost will be lower & I will have a larger Capital Gain to report to the IRS. Just love Return of Capital as well as dividends. Have completed my taxes properly. Really love todays rally Kirby