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Search: Posts Made By: Descant
Forum: General Discussion 04-07-2021, 11:13 AM
Replies: 24
Views: 3,588
Posted By Descant
adrift

1. This has nothing to do with OP topic
2. Getting right on the edge of political here--one foot already off the curb.
Forum: General Discussion 04-06-2021, 11:02 AM
Replies: 24
Views: 3,588
Posted By Descant
Gains

The operating fund/endowment invests in equities, sells something with a capital gain, there may be federal tax due depending on the amount and other tax related deductions.
Forum: General Discussion 04-05-2021, 11:59 AM
Replies: 24
Views: 3,588
Posted By Descant
Second opinion

I agree with MAXUM (#4). We established a Realty Trust in 1986. The original donors were the trustees, but 5 children and grandchildren were the shareholders. My great niece is now one of the...
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