can I transfer stocks to individuals as gifts? how do I determine the basis in the stocks?
491097
The previous answer is sort of correct. The basis in the hands of the recipient is usually the same as the person giving the gift.
1131331
cost basis for all 468 shares is $570.  However, that assumes there has been no reinvestment of dividends.  \n\nDo you know if this stock has ever paid any dividends?  If it did you should have paid tax on the dividends, and need to adjust the cost basis to add in the amounts used to purchse additional shares.  \nIf for some reason you don't know the amounts, you can always ignore that when you sell and just assume the cost basis is $570 - you'll end up paying more tax than necessary, but should not get in trouble with the IRS. \n\nDiscalimers: The above is my opinion.  I am not authorised or licensed to give any investment, tax or legal advice.
456285
The only way is to EXCHANGE them for other income property, called a SECTION 1031 TAX-DEFERRED EXCHANGE.  There are rules and time limits, and you cannot take out any cash without paying taxes on it.  If you cash out and just sell the properties, there is nothing to help offset or eliminate the capital gains tax at both the federal and state levels (if your state has income tax).  For more information, you can go look at the Federation of Exchange Accommodators website www.1031.org.
892607
The stock received by you is considered income, and will be taxed based on the value it had at the time of transfer to you.  This value will usually be determined by the company if the stock is not publicly traded.\n\nOnce you receive the stock, you can hold it or sell it.  If you sell it for a gain later on, you pay LT or ST capital gains tax depending on the holding period. If you sell for a loss, you can claim a loss deduction against other Cap Gains, or write off $3K each year against other income,  until the loss is wiped out.\n\nBear in mind that you will likely be asked to pay FICA and Medicare taxes on the value of your stock, since it is considered as income.  Your best bet is to talk to your company HR manager.\n\nIf you receive stock options, that is a whole different story. Can be discussed some other time.
1097286
It's a bit unclear how your father came by the stock.  Assuming he retired from the RR and wants to liquidate his shares than simply call the RR retirement plan custodian and ask them to liquidate and distribute proceeds.  They may not want to do that and you'll have to roll the shares into a Discount Brokerage House IRA prior to selling and taking a distribution.  \n\nIf you father came by the shares through consultinig or being employed--special incentive than they may/might be restricted and you'd have to check with the RR's Treasurer to find out what those restrictions are/may be prior to liquidating.  Regardless, be aware of the tax consequences of a sale.
44705
Buy shares in different public companies
907897
You could make a substitution of cash for the stocks. I'm not sure you can do the substitution of cash for stock that is owned by an LLC. I think that this would be considered a sale by the LLC of the stock for the cash. You could probably get around this by distributing the stocks from the LLC to the members and do the substitution. The distribution of stock by the LLC to each member should not trigger a tax. The members would take the LLC basis in the stock.\nThis is a fairly complex transaction so I would recommend a session with a CPA or tax attorney to verify the answer.
647864
First of all, it depends on when you inherited it and when you are selling it.\n\nYour "basis" in the property is what it was worth at the time of the death of the person you inherited it from.\n\nIf that was a while ago, the property may have increased in value.  If it was recently, or in an area not experiencing increased value since you inherited, it may be at or near the same value as your "basis" at the time of their death.\n\nThe difference between your "basis" and the current sales price of the property is called the "capital gain" and it is all that you will be taxed on.\n\nEXAMPLES  \n\nIf value @ death was $35,000.00 and you are selling for $35,000.00 - NO TAX (no gain because the basis is as same as the sales price)\n\nIf value @ death was $25,000.00 and you are selling for $35,000.00 - $10,000 Taxable Capital Gain\n\nAs for the tax rates, that is where my expertise pretty much ends.\n\nThere are Long Term Capital Gains and Short Term Capital Gains, and I do not know the length of time for each, nor whether or not there is a difference because the property was inherited and not purchased.  They are taxed at different rates, and those rates have nothing to do with your income level or any other particulars other than the time the capital asset (the property) was held by you. \n\nFor this you will need to speak to an accountant or tax advisor, but I hope you have a better understanding now of what questions to ask to get a complete answer from them.\n\nGood luck and take care.
1000613
if you have money you can some places to buy stock are settinng up an account with etrade.com or fidelity.com if you are a minor you need you parents to help set up an account with you
1008273
You can do a like-kind exchange, where you trade the property for another, and defer your gain until you sell the new property. The rules are complicated--you should talk to a CPA.
1078658
I use http://www.sharebuilder.com\nThey are easy to use, offer investment facts and education, and are cheap.  I can check my stocks on line at any time for free.\nOne-time trades are only $4 each trade.  (No matter how many shares in the same company)\nUsually the fee is "per trade", not "per transaction".  Many sites do not have maintenance fees.  You would pay taxes only IF you made money off of the investments.  Unless you were HUGELY successful, this would not be much.  You DO have to report the money sitting there.\nThe other fees involve what you do with the money.  If you just keep re-investing the money you make in the same trade, no fees.  If you withdraw $$, there is a fee.
716462
Your question is not clear any way I will try to tell you some thing.\n\nExample:\nIf you have purchased 200 share of face value of Rs.10/- paid @ Rs.596 per share on 1.1.2006 and if the share were splited to Rs.1/- paid on 1.6.2006, then your 200 shares will become 2000 shares on 1.6.2006 and the value of each share will become Rs.596/10= Rs.59.60 per share.  The date of purchase will remain same for all shares 1.1.2006 and not 1.6.2006. The date of actual purchase of 200 shares will apply for all 2000 shares.  O.K ????????
565821
Yes, just set up a brokerage account on-line or in person.  Try E-Trade or something similar.   You can do it!
1138271
Technically I don't think you can "buy" directly from iShares unless you get a block of the creation units, again, highly unlikely. If there is a brokerage function available in conjunction with iShares website, it is a subsidiary/affiliate. You gotta buy them thru your brokerage account.\n\nThe expenses shown above are calculations mandated by the SEC showing what your returns would actually be AFTER the IRS takes its whack, at the top bracket, if you have zero ways of reducing that bracket. The numbers are there for worst case illustration purposes only; your returns will almost certainly be different, and higher than their after tax numbers.
22516
Unfortunately, all the accounting catches in the world don't prevent someone from having a duplicate set of data, which is the most common way to "cook the books".  If you could interface between their books and the actual stock price, and you had some serious computing power, you might be able to tell that something fishy was going on, but you'd have to have access to the data.
781629
You owe your aunt money.  Pay her back. \n\nIf you give her stock as a repayment then the fair market value of the stock (FMV) is what you say is the repayment of the loan.\n\nHer basis in the stock would be the same as her basis in the loan. She would have no gain or loss.  You would realize gain or loss because there would be an exchange.  You received relief of  debt in exchange for giving the stock. This is taxable income to you, not her.  There is no gift to her because she had a receivable of $xx and got stock of $xx, both of wich is worth the same.\n\nWhat you mean by charitable donation I do not know, your aunt is not a charity, unless she is the Red Cross.
152072
The answer is by using simple mathematics.\n\nFirst you need to decide how much of each stock you are going to buy - since not all stocks are priced equally some would be $20, other $400 and some 0.05 cents.\n\n$100,000 over ten stocks... Decide what ratio you will hold of each stock. E.g. 6:3:4:1:9:4:3:7:9:2\n\nSo totalling the ratio is 48. Now you can use a combination of the ratios and fractions to find out how much stock you can hold with your $100,000.\n\nI may have left you out on a limb there - but this calculation is uneccessary. Why don't you just buy your stock one by one until you run out of money? :P\n\nOK Lets try the example with 2 stocks and $100K\nyou want the weighting to be 3:4\nso you want \n3/7ths of your money to go to 1 stock\n4/7ths of your money to go to 1 stock\n\n3/7*100K=$42857.14\n4/7*100K=$57142.85\n\nNow say stock ZXC was $5 each and stock ABC was $67\n\nNow you go:\n$57142.85/$67=852.88 Stocks\n$42857.14/$5=8571.43 Stocks\n\nThere you go. Now do the similar calculation with your ten stocks! Haha!\n\nGood Luck!