You are asking the wrong people then. I personally know two LDS members
that paid their tithing just last year (2015) using stock... one of them
it was hundreds of thousands of dollars worth.
I can get you the contact info if you are seriously interested.
Travis
On 10/14/2016 9:17 AM, ch...@wbmfg.com wrote:
When asked the answer comes back as NO. They say sell, convert to
dollars and give them the dollars.
*From:* Travis Johnson
*Sent:* Friday, October 14, 2016 8:23 AM
*To:* af@afmug.com
*Subject:* Re: [AFMUG] OT: AAPL
That's not correct Chuck... I know many wealthy LDS people that donate
stock for tithing. They will only accept the "larger" stocks, such as
Apple, Google, Amazon, GM, Ford, etc... but they do take it, and lots
of people use that option.
Travis
On 10/13/2016 6:21 PM, Chuck McCown wrote:
My church only takes dollars...
*From:*Af [mailto:af-boun...@afmug.com] *On Behalf Of *Lewis Bergman
*Sent:* Thursday, October 13, 2016 9:49 AM
*To:* af@afmug.com
*Subject:* Re: [AFMUG] OT: AAPL
I use this tax strategy years ago and it enabled me to donate more
money and pay less tax.
On Wed, Oct 12, 2016, 3:45 PM Jon Langeler
<jon-ispli...@michwave.net> wrote:
Thanks for the tips! AAPL may be a good buy right now but not a steal
Jon Langeler
Michwave Technologies, Inc.
> On Oct 12, 2016, at 12:07 PM, Travis Johnson <t...@ida.net> wrote:
>
> I'm all in on AAPL at $114 (a few weeks ago). Keep blowing up
those phones Samsung... LOL
>
> This is a longer term investment... making 2% dividends is
better than most bank CD's or savings accounts, and Apple has
made a 16% annual return over the last 5 years. Even if their
stock just holds (which it won't now because of the Samsung
thing, etc), it's making 2% and it's still "liquid" according to
the banks, which helps on personal financial statements.
>
> AND, the new hip thing to do is donating stock to your church
as a charitable donation. You don't have to pay the tax on the
increase if you sold it first, you just transfer it at the
current value. Amazing the tax tricks these church going people
come up with... LOL
>
> Travis
>
