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Financial Planning / Tax Strategies


Subject:  Re: Going Public on the stock exchange Date:  6/27/2006  8:24 AM
Author:  wrjohnston91283 Number:  87573 of 127513

Heres the question: If I sell my stocks right away I'm taxed at my current tax rate or 15% since I had ownership in the company for over 3 years.
Second question: Is there anyway to reinvest the profits with out having to pay taxes now?

If you sell the stocks right away, your holding period (and tax basis) will be since you owned the private company, so you do get the lower rate.

I'm not sure of any way to get around the can't do 1031 exchanges with stock.

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