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  1. Yes, I understand that these are capital gains. I...

    Yes, I understand that these are capital gains. I actually noted it in my email.

    I bring it up because capital gains are normally taxable once they are cashed in or exchanged for a different...
  2. Paul, to clarify the definition of income:...

    Paul, to clarify the definition of income: Assuming that we purchased a stock/fund for $x, and then later sell it for $x+$n. At that point that is $n in capital gains. The capital gains realized...
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