Search found 4 matches

by Larry2623
Sun Jul 16, 2017 10:11 am
Forum: Personal Finance (Not Investing)
Topic: Large future capital gain
Replies: 8
Views: 1044

Re: Large future capital gain

thanks for info. I am passive. I do recieve the k1 loss statement each year that I may be able to use.
by Larry2623
Sun Jul 16, 2017 8:21 am
Forum: Personal Finance (Not Investing)
Topic: Large future capital gain
Replies: 8
Views: 1044

Re: Large future capital gain

Also I am a member of the 2017 retirement class...if that makes a diff.
by Larry2623
Sun Jul 16, 2017 8:19 am
Forum: Personal Finance (Not Investing)
Topic: Large future capital gain
Replies: 8
Views: 1044

Re: Large future capital gain

It is private stock in a casual dining restaurant chain...currently an s corp.
by Larry2623
Sat Jul 15, 2017 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: Large future capital gain
Replies: 8
Views: 1044

Large future capital gain

I invested in a private company 5 or so years back. The people running things say they will either sell the company in 2018 or if they do another capital raise 2022. When this sells I was told to expect to have low 7 figure capital gain..1-3 depending on sale year. I know nothing is 100% until the s...