If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. |
|
|
Thread Tools | Display Modes |
#1
|
|||
|
|||
capital gains
In your opinion, what fraction of collectors/investors report their capital gains when they sell coins?
|
Ads |
#2
|
|||
|
|||
"Dave C." wrote in message
... In your opinion, what fraction of collectors/investors report their capital gains when they sell coins? Sorry, but I don't see that particular fraction on my keyboard. Anyway, I don't see how anyone could have the information on what collectors/investors claim on their tax forms to hazzard a meaningful guess. Bruce 'the cheapest solution? never sell.....' |
#3
|
|||
|
|||
"Dave C." wrote in message ...
In your opinion, what fraction of collectors/investors report their capital gains when they sell coins? 5-10% (out of thin air) -- Michael R AKA mrae7 on Ebay/Yahoo ANA #173222 |
#4
|
|||
|
|||
"Dave C." wrote in message ... In your opinion, what fraction of collectors/investors report their capital gains when they sell coins? Well, I report any gains, but I don't feel very believable when I type that. Still, I have had gains in three of the last four years and have the returns for proof that I was reporting. I suspect the percentage of those that report is very low ( I would guess under 10%), but it has nothing to do with the ethics of collectors as a subset of the human race, more of a demo of the ethics of the human race. From 1980 to 1986, I put food on the table at home by cutting and selling firewood for six months out of the year. Seven days a week, weather permitting, it was be in the woods by 8 am, be home by 4pm to clean up and run the restaurant from 5pm to roughly midnight (again, 7 day/wk). I reported my wood cutting income each year and was called a fool countless times (well, at least numerous times) during those years. Called a fool by community leaders, church elders, etc. I would be asked how much I made cutting and selling firewood, I would answer, they would wink,wink, nudge, nudge and say "not bad for tax free income", I would protest "not so", and then I would be told I was crazy, or a fool. I doubt very many report any type of income if they think they can get away with it. Bill |
#5
|
|||
|
|||
On Thu, 20 Jan 2005 22:19:24 -0500, "Dave C."
wrote: In your opinion, what fraction of collectors/investors report their capital gains when they sell coins? The same fraction that sell them through a major dealer/auction and produce a paper trail. BLReed To e-mail me, remove the obvious spam trap. For collector coins and supplies at fair prices: http://tinyurl.com/pt9r Cool things and Bust Coin Forum: http://www.byronreed.com |
#6
|
|||
|
|||
Gains? What strange words you use Kimosabe.
-- * /?\ /___\ -O=O- ^ AS & His Magic Hat A conclusion is simply the place where you decided to stop thinking. "Dave C." wrote in message ... In your opinion, what fraction of collectors/investors report their capital gains when they sell coins? |
#7
|
|||
|
|||
AMEN!
"Byron L. Reed" wrote in message ... On Thu, 20 Jan 2005 22:19:24 -0500, "Dave C." wrote: In your opinion, what fraction of collectors/investors report their capital gains when they sell coins? The same fraction that sell them through a major dealer/auction and produce a paper trail. BLReed To e-mail me, remove the obvious spam trap. For collector coins and supplies at fair prices: http://tinyurl.com/pt9r Cool things and Bust Coin Forum: http://www.byronreed.com |
#8
|
|||
|
|||
Just testing
|
#9
|
|||
|
|||
glad to hear it..
"John N" wrote in message oups.com... Just testing |
#10
|
|||
|
|||
Bill Krummel wrote:
"Dave C." wrote in message ... In your opinion, what fraction of collectors/investors report their capital gains when they sell coins? Well, I report any gains, but I don't feel very believable when I type that. Still, I have had gains in three of the last four years and have the returns for proof that I was reporting. I suspect the percentage of those that report is very low ( I would guess under 10%), but it has nothing to do with the ethics of collectors as a subset of the human race, more of a demo of the ethics of the human race. From 1980 to 1986, I put food on the table at home by cutting and selling firewood for six months out of the year. Seven days a week, weather permitting, it was be in the woods by 8 am, be home by 4pm to clean up and run the restaurant from 5pm to roughly midnight (again, 7 day/wk). I reported my wood cutting income each year and was called a fool countless times (well, at least numerous times) during those years. Called a fool by community leaders, church elders, etc. I would be asked how much I made cutting and selling firewood, I would answer, they would wink,wink, nudge, nudge and say "not bad for tax free income", I would protest "not so", and then I would be told I was crazy, or a fool. I doubt very many report any type of income if they think they can get away with it. Bill, I applaud your integrity. --Dave |
Thread Tools | |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
Gold coin sales are booming in India | John Stone | Coins | 24 | November 14th 04 05:55 PM |
Capital Coin grading | JOPN | Coins | 3 | January 29th 04 03:03 AM |
Freakfield (with capital "F") & NUDO are the same! | freakfield | 8 Track Tapes | 1 | August 14th 03 01:22 PM |
Venture Capital Available | Jay | Paper Money | 0 | July 25th 03 04:21 AM |