Latest topics
Guru Bob The Tax Man "Exchange is NOT Going to be Treated as Capital Gains" 9/25/17
2 posters
Page 1 of 1
Guru Bob The Tax Man "Exchange is NOT Going to be Treated as Capital Gains" 9/25/17
This [dinar exchange] is NOT going to be treated as capital gains despite what other people may say. It’s not. It’s going to be treated as ordinary income. We don’t qualify for it to be treated as Forex…we’re not actively trading it, we’re holding it as an investment…One one who tells you it’s going to fall in the capital gains arena is incorrect. It’s not going to be that. It’s going to be ordinary income. So we have the two income taxes to deal with…We have the Federal…and the State income tax…[NOTE: This should NOT be considered tax or investment advice. It is purely informational and the views of this guru. Speak to your own tax and investment professional at the appropriate time.]
roxy22222222- GURU HUNTER
- Posts : 2881
Join date : 2015-04-20
Re: Guru Bob The Tax Man "Exchange is NOT Going to be Treated as Capital Gains" 9/25/17
This numbnuts is working the dinar crowd with Breitling. Anybody who says that there will be any income tax paid on dinar exchanges is a lying douchebag. You'll be doing good to exchange for less than a 20% loss.
*****************
Busting Gurus Since 2011
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
Today at 11:16 am by kenlej
» Phony Tony sez: Full Steam Ahead!
Sat Apr 13, 2024 11:51 am by Mission1st
» Dave Schmidt - Zim Notes for Purchase (NOT PHYSICAL NOTES)
Sat Apr 13, 2024 11:45 am by Mission1st
» Russia aren't taking any prisoners
Fri Apr 05, 2024 6:48 pm by kenlej
» Deadly stampede could affect Iraq’s World Cup hopes 1/19/23
Wed Mar 27, 2024 6:02 am by Ditartyn
» ZIGPLACE
Wed Mar 20, 2024 6:29 am by Zig
» CBD Vape Cartridges
Thu Mar 07, 2024 2:10 pm by Arendac
» Classic Tony is back
Tue Mar 05, 2024 2:53 pm by Mission1st
» THE MUSINGS OF A MADMAN
Mon Mar 04, 2024 11:40 am by Arendac
» Minister of Transport: We do not have authority over any airport in Iraq
Mon Mar 04, 2024 11:40 am by Verina
» Did Okie Die?
Mon Mar 04, 2024 11:34 am by Arendac
» Hello all, I’m new
Wed Jan 31, 2024 8:46 pm by Jonny_5
» The Renfrows: Prophets for Profits, Happy Anniversary!
Wed Jan 31, 2024 6:46 pm by Mission1st
» What Happens when Cancer is treated with Cannabis? VIDEO
Wed Jan 31, 2024 8:58 am by MadisonParrish
» An Awesome talk between Tucker and Russell Brand
Wed Jan 31, 2024 12:16 am by kenlej
» Trafficking in children
Mon Jan 29, 2024 7:43 pm by kenlej
» The second American Revolution has begun, God Bless Texas
Mon Jan 29, 2024 6:13 pm by kenlej
» The Global Currency Reset Evolution Event Will Begin With Gold, Zimbabwe ZWR Old Bank Notes
Sun Jan 28, 2024 3:28 pm by Mission1st
» Tucker talking Canada
Wed Jan 24, 2024 6:50 pm by kenlej
» Almost to the end The goodguys are winning
Mon Jan 22, 2024 9:03 pm by kenlej