Quote:
Originally Posted by MikeGarcia
.... And now the wet blanket Debbie Downer stuff....You might want to consider
speaking to your tax guy before selecting a time for dispersal of 400 T-206's.....selling them all in one year will more than likely put you into a hefty tax bracket , but if the sales are spread out over , for instance , from December of 2018 to Jan 2020 then your profits ( safe to assume profits?? ) can be spread out in your financial favor......just a thought...
..
|
I can't speak to this as I'm not a financial/tax guru. However, I was going to suggest looking at piecing it out - selling the commons first, and saving the big stuff for last - and if the above is true, then this would definitely be the way to go.
__________________
Just a dad trying to figure out how to build a collection his kids will take interest in.
Interests: HoF, Grover Hartley, Cleveland, Jim Thome, Jose Ramirez, Akron Zips, Historically Significant Figures
Cooperstown Project Progress: 202/351 - 57.55%
Follow along and see what I need here.
YouTube Channel: Collecting America's Pastime
|
08-12-2018, 01:37 PM
Similar Threads
Threaded Mode