% | $
Quotes you view appear here for quick access.

San Juan Basin Royalty Trust Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • hotpanera2 hotpanera2 Mar 29, 2004 5:55 AM Flag

    IRA investment

    The depletion allowance is great if you plan to hold the stock for many years. Otherwise, it's recaptured as ordinary income. So, an IRA is not necessarily a bad place to hold. I have some of my SJT in an ordinary IRA, since I suspect that I will be holding that portion for only 3 or 4 years. The rest, which is likely to be held longer is in a taxable account.

6.05+0.23(+3.96%)Sep 28 4:02 PMEDT