I think everyone should sell at least one contract!

[CarolA]

HUH????
Why are we selling?? Becasue it's easy?

I am confused! LOL

 

[BWV Dreamin]

HUH????
Why are we selling?? Becasue it's easy?

I am confused! LOL

 

[DisDaydreamer]

HUH????
Why are we selling?? Becasue it's easy?

I am confused! LOL

For me.... I have a window of opportunity to sell my BWV contract after 10+ years usage and still sell at >30% more than I paid for it. Then purchase an Identical number of SSR points at >5% less than I just sold my BWV contract. That 5% difference will cover the costs to close and to sell. Now I have re-invested my gains (no capital gains tax). Bottom line I have spent no more money and ultimately will get 12 additional years of DVC for my original investment. Gives me something a little more DVC to leave my kids.

What I don't know at this point is how fast is that window is closing and for sure how the IRS will treat this type of capital gain reinvested. But it has me thinking and I would be foolish not investigate this given my situation that I don't usually use my home points to go to my home.

Certainly, this doesn't apply most owners, but for me and some others, this would be very easy and very smart long term.