i’m simply stating facts and sharing best available information with those who are interested. it does seem with every topic you comment on, you try to dissuade people from applying. i wonder why
Eric Privat i specifically asked boi, via email, if capital gains from sporadic sale of stocks can be counted and the answer was yes. tax return showing capital gains is all they need.
your reply has no root in facts. tax return obviously contain information about your taxable income, part of which can be passive, thus can be used to qualify for LTR-P. boi also accepts bank/brokerage statements documenting passive income in tax exempt accounts, which typically does not show up in tax returns.
this is not correct. for LTR wealthy pensioner any passive, unearned income (pension, dividends, interest, capital gains, rental) are accepted. this is clearly stated on boi’s website in the LTR-P section
thanks! that is the same as using tax returns. 1099-DIV and 1099-B are how taxable dividends and capital gains, respectively, are reported to the tax authority in the US.
thanks for the heads up. definitely lowering my expectations! good thing is that, at least for the pensioner LTR, BOI told me that i don’t have to pay anything until it’s ready to be picked up.