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<p>[QUOTE="doug444, post: 2659940, member: 38849"]If you sell out in 2017, say, your taxes are going to be minimal, as the difference between your "net" and your "basis" is not going to be very much.</p><p><br /></p><p>I'm leaning more and more toward letting an auction house like Stack's or Heritage take over, take it all, and some months from now you'll get a big check, with no tax worries. There may be case history that auction proceeds within a certain amount of time ARE your basis. Consignment should be competitive.</p><p><br /></p><p>And the old joke, for later:</p><p>Q. How do you retire with a million dollars in the stock market?</p><p>A. Start with two million...[/QUOTE]</p><p><br /></p>
[QUOTE="doug444, post: 2659940, member: 38849"]If you sell out in 2017, say, your taxes are going to be minimal, as the difference between your "net" and your "basis" is not going to be very much. I'm leaning more and more toward letting an auction house like Stack's or Heritage take over, take it all, and some months from now you'll get a big check, with no tax worries. There may be case history that auction proceeds within a certain amount of time ARE your basis. Consignment should be competitive. And the old joke, for later: Q. How do you retire with a million dollars in the stock market? A. Start with two million...[/QUOTE]
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