bmcgonig
Thinks s/he gets paid by the post
- Joined
- Aug 31, 2009
- Messages
- 1,580
Hey folks
I have some paper shares in a UK company that I bought on a friends and family basis many years ago. They’re pretty much down almost 90% ( probably more..some friend and family deal that was!)
The trouble is that I need a UK account to sell the shares. And I don’t have one, nor can I get one. But I’d really like to sell them for a tax write off. Is there any way that you can think of that I can sell them legally to someone and the IRS will be OK with it?
Schwab can’t sell them unless the share price or the market cap is above certain values and I’m a long way off from those,
I have some paper shares in a UK company that I bought on a friends and family basis many years ago. They’re pretty much down almost 90% ( probably more..some friend and family deal that was!)
The trouble is that I need a UK account to sell the shares. And I don’t have one, nor can I get one. But I’d really like to sell them for a tax write off. Is there any way that you can think of that I can sell them legally to someone and the IRS will be OK with it?
Schwab can’t sell them unless the share price or the market cap is above certain values and I’m a long way off from those,