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Author: TMFPMarti Big funky green star, 20000 posts Home Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 118719  
Subject: Re: Minimizing Capital Gains Taxes Date: 3/13/2006 1:38 PM
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From my research, this will subject me to short term capital gain taxes, especially in the short term until I hold at least some of the stock for a year. Since this can be upwards of 25%, does anyone have suggestions how I might be able to 'shelter' some of this tax money (and lower my percentage of taxes?)

Aside from waiting to begin your sales until you have some long-term shares to sell, there isn't any way to avoid the short-term treatment. What you do with the proceeds doesn't affect the taxation of the gain.

Phil
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