Moneymoneysendcarlbacktieronepostersplaywithpoo

Wed Aug 7, 2019, 02:06 PM

REITS

They are looking good, make sure you have exposure or at least look into it.

7 replies, 274 views

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Arrow 7 replies Author Time Post
Reply REITS (Original post)
TheShoe Aug 2019 OP
Dinkydow Aug 2019 #1
TheShoe Aug 2019 #2
Dinkydow Aug 2019 #3
TheShoe Aug 2019 #4
Dinkydow Aug 2019 #5
TheShoe Aug 2019 #6
uncledad Aug 2019 #7

Response to TheShoe (Original post)

Wed Aug 7, 2019, 02:23 PM

1. Only problem with REITS

Their dividends are not taxed as "dividends" i.e. 20% top tax rate plus 3.8% for Obummer Care.

REIT dividends are taxed at 36% top rate plus the 3.8%
.
In other words, a rock star or athlete only pays 36% on his millions while a REIT investor pays 39.8%.

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Response to Dinkydow (Reply #1)

Wed Aug 7, 2019, 02:50 PM

2. Never heard of obummer care

But you can buy a REIT ETF for a different tax structure.

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Response to TheShoe (Reply #2)

Wed Aug 7, 2019, 02:57 PM

3. Strange, but most of the country has been impacted by Obozocare

Investors have been hit with 3.8% surcharges on their incomes while athletes and entertainers making millions do not have to pony up the 3.8% surcharge on their "unearned" money.

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Response to Dinkydow (Reply #3)

Wed Aug 7, 2019, 03:00 PM

4. Not sure what you are babbling about

Perhaps some romper room stuff?

As for surcharges, perhaps you need a better broker.

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Response to TheShoe (Reply #4)

Wed Aug 7, 2019, 07:41 PM

5. Prithee, oh wise financial guru, tell how I can avoid Obummercare tax

Regardless of the wisdom or financial sagacity of my broker, all of my income from dividends and capital gains (long or short term) gets swept up into the ACA tax surcharge while the ordinary income of wealthy athletes and rock stars does not.

I buy AT&T shares with a dividend in excess of 6% and I pay 20% income tax plus 3.8% ACA tax on it.

If I sell the AT&T shares at a profit (after holding it for more than a year, I pay 20% plus 3.8% on the profit.

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Response to Dinkydow (Reply #5)

Wed Aug 7, 2019, 08:00 PM

6. Lets define the tax

I have no clue what the Obummercare tax is. Something you made up in romper room?

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Response to TheShoe (Original post)

Thu Aug 8, 2019, 02:37 PM

7. Poor guy makes good money...

Individuals earning more than $425,000 and married couples earning more than $479,000 will pay 20 percent in federal dividend taxes plus the 3.8 percent Obamacare dividend tax for a combined rate of 23.8 percent to the IRS (depending upon where you live, state dividend taxes may apply, too).

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