The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Re: Rollover of Gain question -- Pub 550||Date: 4/19/2009 5:16 PM|
|Author: stockmover||Number: 105826 of 121061|
believe that it is only the common stock of (or a partnership interest in) the SSBIC which qualifies, therefore, the realized gain is taxable and not protected.
You are correct. The whole point of the law is to encourage investment in small businesses.<b/>
How can I tell if a specific stock qualifies within the SSBIC category? Do I have to read the company's 10K or is there a faster and/or better way to find out? Thanks
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