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Old 11-05-2008   #336
MATCHBX
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Join Date: Oct 2003
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Re: I just want to take a quick poll...

You pay capital gains at the end of the tax year on anything higher than your regular income if I remember correctly. My mother had to go out and buy a new car in 2001 with what was left over from when she refinanced her home. If she hadn't, she would've been hit with capital gains on what was left.
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