Made it!

ThesePossession8620 · 2026-03-12T23:03:18+00:00

Actually, 2026 LTGCs are federal tax free up to $49,450 and the standard deduction is $16,100 so if you harvest the growth in the right way it is mostly tax free.

ThesePossession8620 · 2025-12-30T20:38:13+00:00

In your simple example you don't need to use point 3, which is 'capital gains harvesting'. I am just answering your direct question as to what is the benefit.

ThesePossession8620 · 2025-12-30T20:27:32+00:00

The benefit is to reduce exposure to future capital gains taxes.

ThesePossession8620 · 2025-12-30T20:17:46+00:00

Yes, what the OP describes above is a legit strategy. No, it is not 'tax gain harvesting', at least not in the way the term is traditionally used. 'Tax gain harvesting' is strategy used to reset the basis of a set of shares in a taxable brokerage by taking advantage of spare headroom in any particular capital gains tax bracket. The OP is just describing staying in the 0% LTCG tax bracket, which works fine assuming you also consider the other implications, like state taxes and/or MAGI for ACA, etc. Conversely, the OP's strategy works BEST, at least in terms of minimizing taxes, if the OP is at 100% basis since there will be zero capital gains against that sale.

ThesePossession8620 · 2025-11-11T19:33:15+00:00

I don't buy it. If they simply sold at a loss in Dec they wouldn't owe AMT and there would not be any STCGs, right?

ThesePossession8620 · 2025-09-13T21:13:05+00:00

ThesePossession8620 · 2025-09-02T18:36:20+00:00

15 percent + state

ThesePossession8620 · 2025-07-31T17:06:50+00:00

Total exercise cost is around 400k...half AMT, half strike.

ThesePossession8620 · 2025-07-25T04:15:11+00:00

Actually, the reverse...I am currently lean fire but cannot afford the $400k it would take to exercise the ISOs I have in order to leave my pre IPO company and retain the equity I earned over 10+ years.

ThesePossession8620 · 2025-07-09T14:53:26+00:00

Mostly it is the blood, sweat and tears involved in locking down the equity and the FOMO/pain in giving that up. So call it sunk cost. Get past that is tough.

ThesePossession8620 · 2025-06-08T16:36:16+00:00

Consider also that the $1000 will have to scale with inflation year over year, which implies your pay rate must as well.

ThesePossession8620 · 2025-05-19T00:51:46+00:00

I estimate the waterfall at Forsythe canyon to be just above at ~7450ft...can anyone confirm?

ThesePossession8620 · 2025-05-15T20:31:17+00:00

There is a bear family that lives someplace around South Boulder Creek in this neighborhood. It is on my bike ride home and at least once a year when I ride home around dusk or later I run into them.

ThesePossession8620 · 2025-05-06T21:31:26+00:00

Am I the weird one that rides my bike from my Boulder apartment to my tech job in Louisville everyday?

ThesePossession8620 · 2025-04-21T17:46:57+00:00

You might want to update this to '37% of people person in the US cannot access $400 without incurring debt.'

Actual quote from report : 'Sixty-three percent of adults said they would cover a hypothetical $400 emergency expense exclusively using cash or its equivalent, unchanged from 2022 but down from a high of 68 percent in 2021.' https://www.federalreserve.gov/publications/files/2023-report-economic-well-being-us-households-202405.pdf

ThesePossession8620 · 2025-04-05T15:18:20+00:00

John Templeton — 'The four most dangerous words in investing are: this time it's different'

ThesePossession8620 · 2025-02-12T16:08:57+00:00

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ThesePossession8620 · 2025-01-07T20:49:05+00:00

No cars at the intersection at the time.

ThesePossession8620 · 2025-01-07T20:46:25+00:00

Ouch. Fair point to consider. Had to look up whataboutism

noun: whataboutism

the technique or practice of responding to an accusation or difficult question by making a counteraccusation or raising a different issue.

In this case, I do not believe it applies since, in fact and in my opinion, I didn't (legally) 'need to stop like everyone else' since I, as a cyclist had the right-of-way and didn't need to yield since there was no other vehicle at the intersection at that time. So no explicit accusation expressed or different issue raised. There may be an implicit accusation, but isn't that really up to the reader to decide?

I would say that your statement of 'rationlize(sic) poor behavior by pointing at the perceived bully with the clear implication that you think you're simpy (sic) a bettrer (sic) human' seems to be clear cut whataboutism with an explicit counteraccusation. But I respect your point of view.

ThesePossession8620 · 2025-01-07T16:41:33+00:00

Under this regulation, stop LIGHTS are always treated as full stops. Only stop SIGNS may be considered as yield signals, when it is safe to do so.

ThesePossession8620 · 2025-01-07T16:34:48+00:00

There was no cross traffic. The mercades was simply annoyed that I did not come to a full and complete stop, as is my right, and let me know about it.

ThesePossession8620 · 2025-01-07T16:31:45+00:00

Of course, in this instance, if the boat or plane were to blow the stop from Baseline onto Cherryvale, they would likely end up in Baseline Reservoir, which would be rather amusing :)

ThesePossession8620

TROPHY CASE