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ambush_gorilla

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Everything posted by ambush_gorilla

  1. If you can't taste the sarcasm....let me know....I'm not sure when this is going to happen, I believe there will be a profit but 6.39 **!!!!
  2. Why would you take the time to post this garbage????
  3. ULTRA SECRET.....really........ GURU's suck......Thanks to Adam, really the only source of legit info. Patience is a virtue. That's what my Mom used to tell me. GO RV!
  4. Patience....Good things come to those who wait.....I'm been in it 10 years. All the best!!! Go RV!
  5. Says who? I know that it has been put out that there will be a cash in period, but until that's official, I'm holding.
  6. I don't believe that it will RV anything lower than .50.....people with much more money than us would buy in, profiting from eventual increases. BUT, if it did RV at .10, I'm holding.
  7. When I asked....I should have known this would open up a can of worms!!! GO RV!!! Ambush
  8. DV Family, I've been in this thing for 10 years now....PATIENTLY waiting. I actually purchased my while deployed to the Middle East. I hold what I consider to be quite a bit of dinar (couple millionish)....especially if this things turns out to be between $1-$2. I'm just curious to see if you all hold about the same, none of my business......just wondering. All the Best in your new found fortunes (hopefully), Ambush God Bless the USA GO RV!!!!
  9. This sure sounded pretty credible.....I'm not sure if I've been living under a rock, but there were a lot of things mentioned that I have never heard in my life!!! Bush Cabal....Secret Space Program???? WOW!!! GOOOOO RV!!!
  10. All the issues listed in this article are minor.....besides taxes. Having good values and morals, using common sense, and knowing the difference between right and wrong, will minimize all of the "issues" that come with our new wealth.
  11. Sounds like we all need a good tax attorney. GO RV!!!!!!!!!!!!
  12. I'm under the assumption that once the Dinar RV's then it would be a "traded" currency......but you know what they say about making assumptions
  13. Agreed......BUT, I've fought for Uncle Sam every day for over 10 years now, and I want to have my ducks in a row. Undeniably there is a huge difference between 15 and 30%. Just trying to get info out there and help, just like most on here. All the best
  14. I thought the same thing until I read it in the publication......it's hard to argue with black and white
  15. I thought capital gains where 10-15% regardless of tax bracket. But I could definitely be wrong
  16. I suppose my next question is.... How can they verify when you purchased your dinar? Especially if you didn't buy it through DT or some of the other sites out there. Say for example the individuals that have purchased their dinar in country......where's the proof?
  17. Your talking 30-35% on income taxes and 10-15% on capital gains.......I'll take the capital gains.
  18. After over an hour and speaking with 7 different agents at the IRS. I finally got a straight answer. IRS publication 525 page 33 about half way down the page states......"If you have a gain on a personal foreign currency transaction because of changes in exchange rates, you don not have to include that gain in your income unless it is more than $200. If the gain is mor than $200, report it as a capital gain." The publication is available for download at www.irs.gov, just search publication 525. I hope this puts to rest some of the misinformation on income/capital gain taxes. All the best, Ambush
  19. I found this doing some taxation research at http://www.maximadvisors.com/knowledge-library/international-tax-planning/US-Taxation-Foreign-Currency-Gains-Losses "The general rule with regard to the U.S. tax treatment of gains or losses from exchanging U.S. currency for non U.S. currency (and back) is that the gain or loss on the currency exchange will now be taxed the same as the underlying transaction. The Taxpayer's Relief Act of 1997 included a provision [Act Section 1104(a)] that included some changes, which are included in the following explanation. Where there are currency gains or losses in connection with a trade or business or with the management or administration of investment assets, the gain is treated as an ordinary gain (rather than as a capital gain) and any loss is generally treated as an expense. Where currency gains or losses are incurred in connection with the purchase of an investment, the gain or loss on the currency change on realization (usually from selling) is a capital gain or loss and is included as part of the total capital gain or loss on the investment. Currency gains of $200 or less that arise from personal transactions (not for investment or business) are not taxable, but any personal currency losses are not deductible. A personal transaction includes any gain or loss arising from travel even if the travel is business related. Any currency gains in excess of $200 per transaction (per trip or per purchase) are treated as a capital gain. Losses on currency exchanges for business travel also appear to be non-deductible. The primary source of information on the tax treatment of currency gains or losses is IRC Section 988." Hope this helps Ambush
  20. I've been seeing it alot lately, and didn't have the slightest clue.
  21. Excuse my ignorance....but what is a 5/3 bank???
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