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StockCentral :: Community
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Join in on the discussion with other like-minded investors in our community forums. Learn about the fundamental investing methodology and participate in educational workshops in the Investing forums, stay up-to-date on StockCentral news and make suggestions to the StockCentral team in Central Square, and discuss your favorite stock or recent market news in our A-Z ticker-based forums.
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Theodore Markowski
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| 08/04/2007 4:02 PM |
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| An exaggerated example for information concerning accounting with CA3. If a club has a large realized capital gain in the first week of the year and a new member buys in with a large percentage in the last week of the year, would the new member have a taxable liability on that early in the year gain? |
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Gene Rooks
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| 08/04/2007 4:37 PM |
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Ted, No, the new member would only share in tax
liability on transactions that occurred during the time they were a member,
which if I am reading you correctly would only be a week. That is, if you
have properly chosen Time Based Earnings in your settings.
Gene Rooks
generooks@cfl.rr.com |
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ActiveForums 3.7
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