mswistak
08-06-2006, 11:30 PM
I am 20 years old and really in need of paying off school and looking to cash out, pay for college, buy a new car, invest......
I am basically looking at a Capital Gain tax (35% depending on if the reval is .31 like they claim), no state tax (live in Texas), and hiring a CPA to make sure this is all done legit......
If there are any other costs that should incur please let me know.
Does anyone know how much BOA is charging to exchange?
If I am good and ready to go please let me know as well.
I know everyone is gonna tell me to wait it out but I am a 20 year old guy and just looking to make a fast buck and invest....
Regards,
Mike
I am basically looking at a Capital Gain tax (35% depending on if the reval is .31 like they claim), no state tax (live in Texas), and hiring a CPA to make sure this is all done legit......
If there are any other costs that should incur please let me know.
Does anyone know how much BOA is charging to exchange?
If I am good and ready to go please let me know as well.
I know everyone is gonna tell me to wait it out but I am a 20 year old guy and just looking to make a fast buck and invest....
Regards,
Mike