Message Font: Serif | Sans-Serif
No. of Recommendations: 0
<<Man I wish I knew but I dont....

Can someone else help this guy - he posted yesterday with no responses...

BTW - if I had to guess..
I would say the exchange here is not one of a like-kind nature and would therefore be taxable..>>

Don't feel too bad, Guys. He e-mailed me the same question a few days ago. Without knowing more about the various agreements, I basically went along with what ptheland had to say...but also stated that things could be different if I had some additional information. So I guess he decided to double check my response here in the folder.

Thanks for pickin' up the slack in my brief absence.

TMF Taxes
Print the post  


In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
Live Video Event Monday!
The GP team is hosting a live video event on Monday at 4 p.m. ET. Don't worry if you can't make it — we'll have a replay and a transcript. Click for more!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.