Does anyone have experience with buying, then subsequently selling gold from/to APMEX?
If so, I would assume that the prices & dates of purchase/sale would need to be accounted for in order to determine the capital gains tax?
This seems like a fairly straightforward way of owning physical gold, that is generally fail safe. Does anyone have any experience with this?
Taxes on APMEX Gold
Moderator: Global Moderator
Re: Taxes on APMEX Gold
They don't have the best prices, for one thing. Look at SD Bullion. I've bought a lot from Texas Precious Metals. Yes, as the taxpayer, you have to keep buy and sell records on your own.
Re: Taxes on APMEX Gold
If you have an account, I believe APMEX will keep a history....I believe mine goes back 8 years or so.
I've bought PMs from a few places, but always been happy with APMEX. Depending what you're buying (and whether you're willing to buy what's cheap/on offer), I haven't found their prices to be far off from other places, and their customer service is top notch.
I've bought PMs from a few places, but always been happy with APMEX. Depending what you're buying (and whether you're willing to buy what's cheap/on offer), I haven't found their prices to be far off from other places, and their customer service is top notch.