Hello,
Question on tax, if I purchase shares for $500 and decide I want out and then sell it for $500 (breaking even) do I need to pay tax?
Also if I buy shares for $500 and my portfolio goes up to $1000 and I decide to sell half to free carry do I pay tax on that even though im selling for only my purchase price...
Thanks for your help.
Question on tax, if I purchase shares for $500 and decide I want out and then sell it for $500 (breaking even) do I need to pay tax?
Also if I buy shares for $500 and my portfolio goes up to $1000 and I decide to sell half to free carry do I pay tax on that even though im selling for only my purchase price...
Thanks for your help.
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