ChuckFinley Posted February 20, 2017 Report Share Posted February 20, 2017 DT Awesome article, we are moving forward. 2 Quote Link to comment Share on other sites More sharing options...
jeepguy Posted February 20, 2017 Report Share Posted February 20, 2017 1 hour ago, ChuckFinley said: Got married at Ft. Knox, lived in E-town, did a Masters at UofL so why did you leave ? you were all over the area ! 1 Quote Link to comment Share on other sites More sharing options...
Gypsygirl11 Posted February 20, 2017 Report Share Posted February 20, 2017 Great article!!! Love to see this in print right now. I wish the $1.2 would happen this week! 5 Quote Link to comment Share on other sites More sharing options...
tigergorzow Posted February 20, 2017 Report Share Posted February 20, 2017 11 minutes ago, Shedagal said: Several years ago, there was a DV member named ExecConsult who is a tax attorney. There was much discussion as to whether the RV would be taxed as cap gains or ordinary income. He deemed it was going to be ordinary income, although he had written the IRS to challenge that. Here is one of the threads. The first post is someone thinking it is cap gains. ExecConsult replies midway on the first page. By all means, if you are not VIP/OSI, please use a CPA or tax attorney to get your information. Shedagal, Truly appreciate you bringing this excellent past discussion back to life. ExecConsult brought some excellent information to DV back in the day... 2 Quote Link to comment Share on other sites More sharing options...
ChuckFinley Posted February 20, 2017 Report Share Posted February 20, 2017 9 minutes ago, jeepguy said: so why did you leave ? you were all over the area ! Got orders for Alaska, Fairbanks to UAF. 1 Quote Link to comment Share on other sites More sharing options...
NoviceInvestor Posted February 20, 2017 Report Share Posted February 20, 2017 5 hours ago, ladyGrace'sDaddy said: If you bought another million that would run you about $1000.00, but if you spend $50.00 bucks on a three month membership into VIP you would save tens of thousands in other ways. And yes they are all legal. And in that time frame you could do some studying and see for yourself what VIP has to offer, something that I've yet to see anyone complain about. I'm tempted to buy a me membership but being in OZ I feel I would mostly be aim at US investing.. 1 Quote Link to comment Share on other sites More sharing options...
George Hayduke Posted February 20, 2017 Report Share Posted February 20, 2017 31 minutes ago, tigergorzow said: Shedagal, Truly appreciate you bringing this excellent past discussion back to life. ExecConsult brought some excellent information to DV back in the day... Excellent read. Thanks everyone for the input, specially to ExecConsult. I know that not all here are retired, some are, some are not. I am. My take on it all is based on one question; Why cash it all in at one time? Yes, I know about the fear of a short window of opportunity to cash the Dinar in but I doubt that will be the case. Even at 1.2 it is still going to take Iraq some time to stabilize, most likely years if not another decade. Cash out to the extent your bills are paid off. Maybe you build a new house, maybe you continue to live in the one you already have in a neighbor hood or area you love. Why leave family and friends behind? I think I'm safe to say that 'un-transacted or un-converted' Dinar sitting in my safe will not be considered as capital gains until such time as I do convert or exchange them. I'll do that as the need arises; when it's time to have the car fixed or go on another Senior Cruise I'll cash some in and pay the piper. GH 3 Quote Link to comment Share on other sites More sharing options...
ChuckFinley Posted February 21, 2017 Report Share Posted February 21, 2017 24 minutes ago, NoviceInvestor said: I'm tempted to buy a me membership but being in OZ I feel I would mostly be aim at US investing.. I believe it can be an advantage to anyone. I can not go into to much detail (check VIP). Big things are that many of your expensive are paid for and oppertunity to other business internationally. I can HIGHLY recommend it, it is worth every cent. 1 Quote Link to comment Share on other sites More sharing options...
dinarbeleiver Posted February 21, 2017 Report Share Posted February 21, 2017 2 minutes ago, ChuckFinley said: I believe it can be an advantage to anyone. I can not go into to much detail (check VIP). Big things are that many of your expensive are paid for and oppertunity to other business internationally. I can HIGHLY recommend it, it is worth every cent. I need to see if Adam will finally let me in think I will throw him an email 1 Quote Link to comment Share on other sites More sharing options...
new york kevin Posted February 21, 2017 Report Share Posted February 21, 2017 7 hours ago, bostonangler said: Yup $1.2 and a bottle of JACK... I'm good. B/A Yup. I gotta tell ya for me, a bottle of Climax Whiskey. Smooth Moonshine there. Quote Link to comment Share on other sites More sharing options...
ChuckFinley Posted February 21, 2017 Report Share Posted February 21, 2017 7 minutes ago, dinarbeleiver said: I need to see if Adam will finally let me in think I will throw him an email I believe you can go to the top of the page, under store, and order. Once I was able to see what was offered, I making sure people know about it. There is no reason to pay 55% tax. 1 Quote Link to comment Share on other sites More sharing options...
SnowGlobe7 Posted February 21, 2017 Report Share Posted February 21, 2017 im thinking a few shots to tequilla!!!!!! Quote Link to comment Share on other sites More sharing options...
ChuckFinley Posted February 21, 2017 Report Share Posted February 21, 2017 1 minute ago, SnowGlobe7 said: im thinking a few shots to tequilla!!!!!! Been there, not a good seen. 1 Quote Link to comment Share on other sites More sharing options...
SnowGlobe7 Posted February 21, 2017 Report Share Posted February 21, 2017 lol...beats watching davis streaking across the frozen pond......again!!!! 2 Quote Link to comment Share on other sites More sharing options...
ChuckFinley Posted February 21, 2017 Report Share Posted February 21, 2017 1 minute ago, SnowGlobe7 said: lol...beats watching davis streaking across the frozen pond......again!!!! If that is the other option, set them up and we will knock some down together. 2 Quote Link to comment Share on other sites More sharing options...
SnowGlobe7 Posted February 21, 2017 Report Share Posted February 21, 2017 5 Quote Link to comment Share on other sites More sharing options...
NoviceInvestor Posted February 21, 2017 Report Share Posted February 21, 2017 7 hours ago, davis411 said: Ummm ya damn right I am good with that I am good with anything over .30 cents 😊 1 Quote Link to comment Share on other sites More sharing options...
Officiallytook Posted February 21, 2017 Report Share Posted February 21, 2017 Why .55% tax?... 39% I thought it was Quote Link to comment Share on other sites More sharing options...
Shedagal Posted February 21, 2017 Report Share Posted February 21, 2017 7 minutes ago, Officiallytook said: Why .55% tax?... 39% I thought it was 39% is fed tax, then you have state tax (up to 10% or so), and then that unknown percentage of spread (both CBI fee and bank fee). 2 Quote Link to comment Share on other sites More sharing options...
ChuckFinley Posted February 21, 2017 Report Share Posted February 21, 2017 7 minutes ago, Officiallytook said: Why .55% tax?... 39% I thought it was He was not from the States. Countries all over the world have some very high tax rates. VIP and OSI is the option. 1 Quote Link to comment Share on other sites More sharing options...
SocalDinar Posted February 21, 2017 Report Share Posted February 21, 2017 1 hour ago, Gypsygirl11 said: Great article!!! Love to see this in print right now. I wish the $1.2 would happen this week! I wish .01 would happen anytime..... this week... next week... last week etc... Quote Link to comment Share on other sites More sharing options...
ChuckFinley Posted February 21, 2017 Report Share Posted February 21, 2017 4 minutes ago, Shedagal said: 39% is fed tax, then you have state tax (up to 10% or so), and then that unknown percentage of spread (both CBI fee and bank fee). Thanks Shedagal, for the US break out. 1 Quote Link to comment Share on other sites More sharing options...
SocalDinar Posted February 21, 2017 Report Share Posted February 21, 2017 (edited) 7 minutes ago, Shedagal said: 39% is fed tax, then you have state tax (up to 10% or so), and then that unknown percentage of spread (both CBI fee and bank fee). If you have lower denoms then you just go to any casino in Vegas and cash in small notes for under $1000.00 US......at 0 % tax rate Boy that would be a fun weekend Edited February 21, 2017 by SocalDinar 3 Quote Link to comment Share on other sites More sharing options...
Officiallytook Posted February 21, 2017 Report Share Posted February 21, 2017 12 minutes ago, Shedagal said: 39% is fed tax, then you have state tax (up to 10% or so), and then that unknown percentage of spread (both CBI fee and bank fee). So it comes out to about 55% lol Quote Link to comment Share on other sites More sharing options...
Officiallytook Posted February 21, 2017 Report Share Posted February 21, 2017 What if we use currency exchange. Then I would wait til the end of the year to pay taxes?... Enough time to jump ship and fly under the radar...lol Quote Link to comment Share on other sites More sharing options...
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