this post was submitted on 04 Dec 2024
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United States | News & Politics

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[–] ocassionallyaduck 5 points 1 week ago

The "unrealized capital gains" distinction stopped matering the minute we could take out collateral against it.

Like, I have huge earning potential for the next 10 years, but I cannot capitalize that the way these bullshit artists can.

Literally would be better off if I incorporated myself as a LLC with 1 employee.