Re: paying off my parent\'s mortgage..help needed
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one thing: you have topay taxes on capital gains. so if i beat market for 10%, im really only beating it for 6.67% or is this incorrect thinking?
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Long term capital gains are taxed at a much lower rate than regular income, so no. You just have to make sure what you invest in qualifies as capital asset and you hold it for more than 1 year (unless you have short-term capital losses to offset).
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