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Message: <blockquote data-quote="Captain Ahab" data-source="post: 149972" data-attributes="member: 366"><p>What is your current top tax bracket?  That will determine what rate you will pay on a short term capital gain.  If you make "yuge" money and you are in the top brackets, it may be worth trying to get your sale past a year of ownership to make LT capital gains at the max of 15%.  If you are in the lower brackets, you may just want to cut and run.</p><p></p><p><span style="color: silver"><span style="font-size: 9px">- - - Updated - - -</span></span></p><p></p><p>Or better yet, talk to an actual tax professional and explain your case.</p></blockquote><p></p>

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