Homestead mailing list

[bob ford <bobford79 AT yahoo.com>]

I have gone through several, Moon (one died).  My bookkeeping has caused many 
problems, believe me.  I am paying a big price for bad accounting.  But, 
still, you can't base everything on tax consequences. 

 I could sell a piece of land right now to offset my next qurter, but I don't 
want to sell , in this market.  I bought significntly in the stock market , 
at the close yesterday, and have already put in buy orders for this morning.  
If I have to worry about tax consequences every time I move, I will never do 
anything.

No one is more aware, than I am, of problems that occur, when bookkeeping 
does not match the protocols of revenue collectors.  I can not live my life, 
completely at their whim......bobford


--- On Thu, 10/16/08, paxamicus AT earthlink.net <paxamicus AT earthlink.net> wrote:

> From: paxamicus AT earthlink.net <paxamicus AT earthlink.net>
> Subject: Re: [Homestead] Scary as h*ll
> To: homestead AT lists.ibiblio.org
> Date: Thursday, October 16, 2008, 6:40 AM
> If you are having capital gains every year, you need to find
> a new  
> accountant. Seriously.
> On Oct 16, 2008, at 8:26 AM, bob ford wrote:
> 
> > I don't understand what you are saying gene.  A
> lot of people have  
> > capital gains.  I do practically every year.  As bad
> as the market  
> > is, I will have net capital gains to report this year.
> >
> > You can only offset the gains with losses if you sell
> the losers and  
> > have more sold losers than sold winners.  You can not
> base you  
> > investmenbt practices, solely based on tax
> consequences......bobford
> >
> 
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