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Post by truckerpaul on Nov 30, 2008 8:15:13 GMT -5
hi guys love this game but im having a problem keeping hold of my money, i can make millions then i cash in but i get killed on capital gains taxes how do i get around this ?
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Post by casert2471 on Dec 18, 2008 18:36:19 GMT -5
personally i use a holding company to fund all my types of investments so if you use the holding company to buy and sell all of your stocks then you wont get hit with the capital gains tax ifyou are just atarting out go andpick up rel to get you started then do a capital contribution and give them the rest of your money do the same from rel and contribute all funds to rel if needed to get rid of all there dedt to start the company over gives you good leverage
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Post by wimpyraider on Jul 7, 2009 0:02:24 GMT -5
Hi, truckerpaul! There is a tutorial over on the "new" W$R forum that talks a little about avoiding capital gains taxes. It is buried in Session #5 in the Tutorials area. There are some other good tips there as well. The link to the new W$R forum is: www.pcenthusiast.org/wsrforum/index.phpGood luck!
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Post by philippe on Feb 18, 2015 12:00:02 GMT -5
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