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bouncingsouls24
11-13-2007, 03:58 PM
How bad is the capital gains hit on a quick buy sell and what is the best way to get past it, besides making more than 28%.

Any ideas?

bilgert
11-14-2007, 06:43 PM
You really can't get past it. Short term sales are reported as income. I think if you don't fill out a W-9 with your broker, they'll withhold some of your profit, but don't quote me...