Feb 24, 2017 · 1 min read
Yes, my wealth has increased $200K since 2002 from this investment but I haven’t sold it so as far as the IRS is concerned, my income on it is $0. Assuming I hold until I die, I’ll never pay capital gains taxes on it.
Yes, my wealth has increased $200K since 2002 from this investment but I haven’t sold it so as far as the IRS is concerned, my income on it is $0. Assuming I hold until I die, I’ll never pay capital gains taxes on it.