Yes, it is still taxed. The proposed rates are just changing under the current administration's plan to pay for the "Infrastructure Bill". Long term capital gains (anything held over one year before cashing out) will be taxed at almost 2.5x their current tax rates; whereas, the changes proposed to increase the tax on short term cap. gains are much less extreme.even if you sell before one year thats taxed next year and most likely will include the taxes....
You are correct. You are taxed either way. But, it is playing the tax rates to your advantage that is key.
Anyhow, it is all gambling. 'Cause that's just proposed increases to cap. gains. The Infrastructure Bill could (a) not pass at all (b) pass in a revised form that doesn't include the changes to cap. gains taxes or (c) have a completely different proposal for funding altogether by the time it is done.
Now back to the thread where the guy did the nifty green bronco rendering on his IG account.
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