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#5
05-27-2004, 04:25 AM
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 Re: New 15% Capital Gains Rate after 5/5/03 question "Harlan Lunsford" <lunstax[at]bellsouth.net> wrote: - quote - > sk43 wrote:
Well if memory serves, pending tax legislation WAS in the> > I sold my rental property about a month before the capital > > gains rate dropped to 15% on May 6, 2003. Is there any way > > or circumstances under which I could qualify for the lower > > rate even though I sold my property about a month before the > > rates took effect? > I'm tempted to say "fill out an SOL form", but won't. > Sorry, but you sold too soon. And how were you to know > anyway? mainstream news headlines.... -- David M. Woods, EA, ChFC, CLU Woods Financial Services Boston, MA 02109 << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#4
01-09-2004, 03:16 AM
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| Re: New 15% Capital Gains Rate after 5/5/03 question - quote - > I sold my rental property about a month before the capital
NOPE, not unless there is something missing from your post> gains rate dropped to 15% on May 6, 2003. Is there any way > or circumstances under which I could qualify for the lower > rate even though I sold my property about a month before the > rates took effect? like settlement or actual release of the funds to your control took place after May 2003. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#3
01-07-2004, 02:36 AM
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| Re: New 15% Capital Gains Rate after 5/5/03 question sk43 <anonymous[at]abcxyznotreal.com> writes: - quote - > I sold my rental property about a month before the capital
No.> gains rate dropped to 15% on May 6, 2003. Is there any way > or circumstances under which I could qualify for the lower > rate even though I sold my property about a month before the > rates took effect? Phil Marti Topeka, KS << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#2
01-07-2004, 01:57 AM
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| Re: New 15% Capital Gains Rate after 5/5/03 question - quote - > Is there any way
You mean legally?> or circumstances under which I could qualify for the lower > rate even though I sold my property about a month before the > rates took effect? Carol What can one expect of a day that begins with getting out of bed. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#1
01-07-2004, 01:57 AM
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| Re: New 15% Capital Gains Rate after 5/5/03 question sk43 <anonymous[at]abcxyznotreal.com> wrote: - quote - > I sold my rental property about a month before the capital
Sorry, no. The change was not retroactive to any earlier> gains rate dropped to 15% on May 6, 2003. Is there any way > or circumstances under which I could qualify for the lower > rate even though I sold my property about a month before the > rates took effect? sales. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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01-07-2004, 01:19 AM
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| Re: New 15% Capital Gains Rate after 5/5/03 question sk43 wrote: - quote - > I sold my rental property about a month before the capital
I'm tempted to say "fill out an SOL form", but won't.> gains rate dropped to 15% on May 6, 2003. Is there any way > or circumstances under which I could qualify for the lower > rate even though I sold my property about a month before the > rates took effect? Sorry, but you sold too soon. And how were you to know anyway? Happy New Cheer$, Harlan Lunsford, EA n LA << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#-1
01-05-2004, 12:00 AM
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| New 15% Capital Gains Rate after 5/5/03 question I sold my rental property about a month before the capital gains rate dropped to 15% on May 6, 2003. Is there any way or circumstances under which I could qualify for the lower rate even though I sold my property about a month before the rates took effect? Thanks. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| 15%, capital, gains, question, rate |
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