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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?

To: keith massey who wrote (7113)	4/15/1999 8:56:00 PM
From: the Chief	Read Replies (1) \| Respond to of 62347

nor I!

To: keith massey who wrote (7113)	4/15/1999 9:42:00 PM
From: Buckey	Respond to of 62347

Keith and all - read my last post - 99% of youse guys trades dont qualify as capital gains - I was watching my Religious channel the other day ( CNBC) and they said that in the states ya gott hold it for a year. Then again they have a complete different set of taxable guidelines for everything. I lost in 1998 and yes I could have carried back the losses to 1997 or forward to this year where yes I am well into the black _ (no thanks to the last week)

To: keith massey who wrote (7113)	4/15/1999 11:25:00 PM
From: russet	Read Replies (2) \| Respond to of 62347

Don't have to put the profits or expenses through a business,..you just claim all your gains as income, and all your expenses against that income. If you have $100,000 of gains, lets list expenses. Computer $4000 Phone 1000 Office space in house 4000 Filing cabinets 1000 Trip to PDAC 3000 Subscriptions to Globe &Fin Time 1000 Car Allowance 5000 Accounting 2000 Trip to SanFran Gold Show 4000 Trip to Vancouver Roundup 3000 Trip to Australia to check out mines 12000 Trip to Africa to check out mines 20000 Trip to S America to check out mines 20000 Misc 5000 ----------- Total costs 85000 Income $15000 Nice life,....no????? russett