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gamblinkid

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Posts posted by gamblinkid

  1. Look up Entrust of Georgia website and see how you can open a self-directed Roth IRA. Fund it with you after tax us dollars and they will purchase for you thr Dinars to put into your IRA. My understanding is that no tax is due when you cash Dinars into other currencies, nor when you have any gains and when you take the money out. Check into it. I have set an account up with them. It will take about 1-2 weeks. You may be able to meet in person to shorten the timeline.

    Rozman

    Be sure to real all aspects of Roth IRA's including 5 year holding; however, a really, really great idea.

  2. To expand a little further on Goeers remarks: I plan to give/send a letter to my daughters with (1) date of purchase--(so they can determine long or short term capital gains) and (2) my cost basis in my gift. From the chatter on dinarvets, purchase date, sell date, sell price$$ &cost basis will reported on Schedule D of F1040.

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