Should "carry" be taxed as ordinary income?
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2 Comments
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just.a.guy 05-17-2007 at 12:06 PMIf they tax carry as ordinary income, look for funds to structure around it. Redeemable security + common strip, common as options granted to the general partnership...
voila. capital gains.
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anyone 05-17-2007 at 1:02 PMlong-term investment in the stock of a company is all carry really is...