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				<title>Pete_6 replied to the topic Estimate profit from selling IP in the forum The Treasure Chest</title>
				<link>https://www.propertyinvesting.com/topic/4365908-estimate-profit-from-selling-ip/#post-4416352</link>
				<pubDate>Mon, 02 Jun 2003 21:58:38 +0000</pubDate>

									<content:encoded><![CDATA[<p>vh2000</p>
<p>I may be mistaken, perhaps someone could correct me, however, are your final calcs correct re. Net Profit (gain)?</p>
<p>ie. 508,500 – 477,000 + 9,000 + 400 = $40,900</p>
<p>Taxable gains : 40,900 * 50% = $20,450 … tax at 48.5% = $9,918 (my hubby has 99% ownership, he is in high tax scale)</p>
<p>NET PROFIT : 508,500 – 477,000 – 9, 918 = $21,664&hellip;<span class="activity-read-more" id="activity-read-more-182575"><a href="https://www.propertyinvesting.com/topic/4365908-estimate-profit-from-selling-ip/#post-4416352" rel="nofollow">[Read more]</a></span></p>
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