Essential Higher Learning PODCAST: 1/2017 - Post #1579

Domingo Halliburton

Handmade in USA
Joined
May 8, 2012
Messages
12,619
Reputation
1,390
Daps
15,454
Reppin
Brooklyn Without Limits
How UBS Spread the Pain of Puerto Rico's Debt Crisis to Clients


:francis:


This seems like a pretty bizarre case...


I was actually thinking about investing in bonds in the city/state (NY) but am having a hard time figuring out the income/benefit/tax aspect. If anyone could break it down? @Domingo Halliburton @Futuristic Eskimo @alybaba @Big Jo

Should be tax free if you buy the right muni bonds. Are you saying how much will I save in taxes? Then use your typical effective tax rate.
 

88m3

Fast Money & Foreign Objects
Joined
May 21, 2012
Messages
94,126
Reputation
3,915
Daps
167,677
Reppin
Brooklyn
I don't want to lead you astray because I'm not exactly an expert in this field. Interest shouldn't be included in the gross income but beyond that I'm not 100% sure without doing some reading.

No worries, have just been bouncing some ideas around in my head.
 
Top