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Subject:  Re: Buying a business as an investment Date:  6/4/2012  2:50 PM
Author:  jumpie Number:  15272 of 15438

It's absentee, so time isn't an issue.

BTW, re: how you pointed out that tax on an investment might be much lower than 33% -- I understand various rates apply to capital gains, but in my limited experience with investing income, I usually get 1099-INT or 1099-DIV and add them up on, what, I think line 8 or 9 of the 1040 and that just gets added to my income total, so it all ends up as a lump sum subject to the normal taxation rate. That's how I ended up doing my calculations with the 33%....
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