re: Second Life - financial – Off Topic

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re: Second Life - financial

TAFAKSE — 12/27/2007 11:00:08 PM (archived)

Doubtful: Any gains are taxed as gambling winnings by the IRS when they are cashed out for US $'s.

Would be a better idea to buy gold and pay capital gains tax rates rather than the full unearned income tax rate. Doublely true if you were going to hold the alternative investment for more than 1 year--Then you would get the long-term capital gains treatment.

The whole thread (17 posts)

Second Life - financial - DJL - 12/27/2007 9:49:24 PM
- re: Second Life - financial - TAFAKSE - 12/27/2007 11:00:08 PM
  - no gambling, but Lindex - DJL - 12/28/2007 4:35:52 PM
    - and does the tax man chase you down if you don't file? - Eri - 12/28/2007 6:09:34 PM
      - well... they have CSI... you would think they might have a virtual tax office as well (n/t) - DJL - 12/28/2007 6:57:15 PM
        
        So, if I virtually murdered someone, CSI would examine the site for evidence. - Eri - 12/28/2007 7:41:22 PM
        
        well there is a virtual possy - DJL - 12/28/2007 8:52:30 PM
        
        Yahoo! I could have a posse on my tail - Eri - 12/29/2007 2:01:58 AM
        
        all kinds of fun is right! - DJL - 12/29/2007 7:45:20 PM
        
        OMG - Lindy - 12/30/2007 4:27:32 AM
        
        Getting back to the wife - Eri - 12/30/2007 5:14:35 AM
        
        Oh, this was virtual? - Lindy - 12/30/2007 3:49:02 PM
        
        OF COURSE IT WAS VIRTUAL!!! (n/t) - DJL - 12/31/2007 8:43:08 PM
        
        ROFLMAO! (n/t) - Eri - 12/29/2007 8:24:25 PM
- No crazier than any other currency investment - Fox - 12/27/2007 10:18:07 PM
  - Second Life could make things easier for Mars venturers - Socrates II - 1/3/2008 3:30:10 PM
    - I don't see how it's possible to get around the time lag (n/t) - SDG - 1/3/2008 3:43:54 PM

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