Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: coloradan
More like $150 or $200 k cash left over, after taxes.

Funny, but eminent domain awards ares't taxable. Its not income, its an exchange.

72 posted on 09/12/2003 9:56:04 AM PDT by HurkinMcGurkin
[ Post Reply | Private Reply | To 54 | View Replies ]


To: HurkinMcGurkin
"Funny, but eminent domain awards ares't taxable. Its not income, its an exchange. "


Even more reason to request the payment is made in gold coin.


77 posted on 09/12/2003 9:58:35 AM PDT by Chewbacca (Stay out of debt. Pay cash. When you run out of cash, stop buying things.)
[ Post Reply | Private Reply | To 72 | View Replies ]

To: HurkinMcGurkin
My wages are an exchange of my labor for money. Capital gains are an exchange ... make that two exchanges, end of story.
83 posted on 09/12/2003 10:04:25 AM PDT by coloradan
[ Post Reply | Private Reply | To 72 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson