Long Term vs. Short Term Capital Gains Taxes 2022

QUESTION:

I'm holding Gala crypto token and they are doing a 1:1 upgrade / swap of Gala version 1 to be replaced with Gala version 2. This will occur on May 15th, 2023. Is it considered a taxable event and also, would the 1 year timeframe be reset?

Thanks for explaining this so clearly!
Appreciate you doing the good work and helping us

I'm into crypto and with as volatile as that market is, there are few assets I would hold for more than a year but I will adopt a hybrid strategy.

This is an excellent video my man

If I sell an LLC as a whole, would that be considered a capital gain if I make more money than my LLC would've pulled in yearly ?

Hey is it true that long term capital gains for collectibles is taxed at the LESSOR of “ordinary tax rate” or the 28% flat rate?

Thank you

Is the dividing line between short and long 365 days or the calendar day?

These are federal taxes as well
Not to mention if you live is a state with capital gains taxes as well

0 fifteen or 20% on long-term capital gains much money you make a year. Income or how much money you make on capital gains a year or both

Can I 1099 people who I help financially to also help w/ my deductions ?

Capital gains tax REALLY explained: the government takes your money and wipes their ass with it and there's nothing you can do because they have more guns than you.

Woogy boogy

Question. Do states with no income tax also have no capital gains tax? Is it the same thing?

Nice content. To me, trading the forex and crypto market is way better than any online investment 💯

I came here to learn how to invest after listening to a guy on radio talk about the importance of investing and how he made $960,000 in 4 months from $160k, somehow this video has helped shed light on some things, but I'm still confused, I'm a newbie and I'm open to ideas.

Finally people are catching up

are the long term tax rates that you mentioned for singles or married?

Do I have to file for 2900 dollars in capital losses?

Can you do an episode on captial gains in nyc? It seems to work a little different here.

Very informative! I’m currently in the military and selling in California. I’m a resident of Florida. Would I have to pay the state taxes on my capital gains when I go to sell my CA house or just federal?

That’s horrible about selling art. Wow! I wonder if that’s the same tax rate for NFT’s?

Is the 1039 exchange still popular?

Thank you.

Tfs learning so much

Thank you for this! New to investing. Was curious about how my long term gains would be effected.

Great video! Thank you! 🙏🙌

$760,000 just in two weeks Mrs Charlotte Junko Walsh you are so amazing.

How does that translate into selling NFTs as an art collection? In the digital currency market, do the same rules apply to Capital Gains/Loss - Short Term vs Long Term?

You did not cover the exemption on property single or married.

Cool

Another gem

Thanks bro