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Net54baseball.com Forums - View Single Post - Reporting sales of large $$ items
Thread: Reporting sales of large $$ items
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  #24  
Old 11-15-2021, 01:04 PM
conor912's Avatar
conor912 conor912 is offline
C0nor D0na.hue
 
Join Date: Feb 2012
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It makes more sense as an ownership tax than an unrealized capital gain tax….like taxes on real estate. You pay them every year even if you own the property outright. If it’s a gain-related tax, that would be a nightmare to track for everyone, including uncle sam.
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