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  1. #3151
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    The silence of the naysayers at IIF is absolutely stunning!

  2. #3152
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    Default "Consult an Accountant & a Tax Lawyer!"

    No matter what is valid with capital gains / you will have to pay income tax . . . Any appreciation in value is taxed as *Income* . . . WHEN YOU CASH IT IN! . . .

    To be sure . . . consult a fit & proper Tax Attorney & an Accountant . . . YOU'LL SOON BE ABLE TO AFFORD THE BEST" . . . AND DO THIS BEFORE YOU CASH IN . . .

    In fact I believe there is a thread here from Adster titled . . . *Cashing-In* . . .

    Best . . . RR
    Last edited by RollsRoyce; 11-10-2006 at 02:55 AM.
    Φ Iligitimi Non Carborundum Φ....

  3. #3153
    Senior Investor ronbo's Avatar
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    Quote Originally Posted by Mike5200 View Post
    The silence of the naysayers at IIF is absolutely stunning!
    That is amazing that they would run out of stuff to bash. Oh well, good for us!!!!

  4. #3154
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    Suzie, are you planning on staying up all night? If so, I'll set my computer to wake me up if you use the word REVAL!! lol.

  5. #3155
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    Cool There are several.

    Quote Originally Posted by RollsRoyce View Post
    No matter what is valid with capital gains / you will have to pay income tax . . . Any appreciation in value is taxed as *Income* . . . WHEN YOU CASH IT IN! . . .

    To be sure . . . consult a fit & proper Tax Attorney & an Accountant . . . YOU'LL SOON BE ABLE TO AFFORD THE BEST" . . . AND DO THIS BEFORE YOU CASH IN . . .

    In fact I believe there is a thread here from Adster titled . . . *Cashing-In* . . .

    Best . . . RR
    http://www.rolclub.com/iraqi-dinar-d...ital-gain.html

    http://www.rolclub.com/iraqi-dinar-d...irect-irs.html

    http://www.rolclub.com/iraqi-dinar-d...stions-uk.html

    http://www.rolclub.com/iraqi-dinar-d...ease-read.html

  6. #3156
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    Cool Funny

    Quote Originally Posted by Mike5200 View Post
    The silence of the naysayers at IIF is absolutely stunning!
    After the r/v, also watch for all the dealer websites to disappear too, as well as anything on e-bay.

  7. #3157
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    Quote Originally Posted by neno View Post
    After the r/v, also watch for all the dealer websites to disappear too, as well as anything on e-bay.
    I saw posted elsewhere that dealers sales have dropped off / to almost nothing now that JP Morgan / Chase and other banks sell NID . . .
    Φ Iligitimi Non Carborundum Φ....

  8. #3158
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    Default Thank You Everyone !!!

    If it was not for all of you out there, My day would have been shot to H***, if you know what I mean. You all just made it sooooo much better.


  9. #3159
    Senior Investor ronbo's Avatar
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    Quote Originally Posted by RollsRoyce View Post
    I saw posted elsewhere that dealers sales have dropped off / to almost nothing now that JP Morgan / Chase and other banks sell NID . . .
    Hey RR, glad to see ya back. Been looking for your posts. One of the many folks I look foward to seeing in here.

  10. #3160
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    Even if this thing does RV(and no telling at what rate, but that is for a different thread) we are not going to be able to go down to our local bank and cash in our Dinars. Article VIII has not passed yet and no telling when it will. If is does RV it has to be internationally traded to cash in unless you are in Iraq!

    Articles of Agreement: Article VIII - General Obligations of Members
    (a) Subject to the provisions of Article VII, Section 3(b) and Article XIV, Section 2, no member shall, without the approval of the Fund, impose restrictions on the making of payments and transfers for current international transactions.

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