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<p>[QUOTE=&quot;medoraman, post: 1123890, member: 26302&quot;]Well the gain will be as simple as how much you paid for them, any costs of maintaining them, (part of safe deposit or insurance charge), versus sale price. That is the gain. Taxability will be listed on a separate cap gain form on your taxes. Most collectibles have a separate cap gain rate.</p><p><br /></p><p>Man 55 to 65 in taxes, must be nice. I am only privileged enough to pay about 45k a year income taxes. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>The worst part about this whole thing is &quot;capital gains&quot; do not take into account inflation. Basically the government is taxing you on inflation on most of these sales. I have always thought there should be a chart converting purchase price into current dollars, THEN charging you tax on a gain, not taxing for simple inflation. It was brought up a few times, but the Democrats shout it down as a &quot;tax break for the rich&quot;.[/QUOTE]</p><p><br /></p>

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