11-22-2004, 12:41 AM
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 Re: Capitalizing a business with appreciated investment "Aldo" <jaldridge123[at]hotmail.com> wrote: - quote - > I am thinking of starting a business and using my (taxable)
Not enough information to answer, and the type of> investment portfolio to capitalize it. However, if I were > to liquidate the portfolio, I would have to pay capital gain > tax on appreciated investments. Is there a way I can > transfer this investment portfolio to the new venture and > avoid capital gain tax? I know I could borrow against the > portfolio, but I don't want to take the risk that both the > portfolio and the new venture tank. information and amount of work involves dictate that you hire a professional for assistance. - quote - > I found the following on the H&R Block website. Does anyone
In the unlikely event you own qualifying small business> know any details on this? All help is much appreciated. > Take Stock of Your Gains > Cashed in the motherlode? Don't want to pay the mother of > all tax bills? You can defer paying capital gains taxes on > stock sales by purchasing specialized small business > investment company stock within 60 days of the date you sold > your initial stock. If not, you may need to cash in some > losers to offset your winnings. stock, this doesn't do much other than defer gains by rolling the money into more qualifying stock. -- David M. Woods, EA, ChFC, CLU Woods Financial Services Norwood, MA 02062 www.woods-financial.com << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#-1
11-18-2004, 01:16 AM
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| Capitalizing a business with appreciated investment I am thinking of starting a business and using my (taxable) investment portfolio to capitalize it. However, if I were to liquidate the portfolio, I would have to pay capital gain tax on appreciated investments. Is there a way I can transfer this investment portfolio to the new venture and avoid capital gain tax? I know I could borrow against the portfolio, but I don't want to take the risk that both the portfolio and the new venture tank. I found the following on the H&R Block website. Does anyone know any details on this? All help is much appreciated. Take Stock of Your Gains Cashed in the motherlode? Don't want to pay the mother of all tax bills? You can defer paying capital gains taxes on stock sales by purchasing specialized small business investment company stock within 60 days of the date you sold your initial stock. If not, you may need to cash in some losers to offset your winnings. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| appreciated, business, capitalizing, investment |
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