Archive for November, 2010

Raising Spirits

Courtesy of the President of the United States:

An obscure section of the 800 page Stimulus Bill provides the following line item that may be useful as you circulate and apply it to your market place;

ANY private investor who invests in small cap company, between now and December 31st 2010 and who holds the stock they purchase for a minimum period of sixty months, may resell that stock after the holding period and pay ZERO capital gains tax on the growth that took place inside that company…

This means that you have only 60 days left to get these deals closed in order to take advantage of this little mentioned tax advantage.

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