News for hackers. Stuff that matters.
Re:Ask HN: Your Passive Income Suggestions? by bozoUser on Wednesday February 03, 2016 @03:10PM (#11029358)
If you re-invest the returns are you still taxed on them?
Re:Ask HN: Your Passive Income Suggestions? by michaeltoth on Wednesday February 03, 2016 @03:20PM (#11029435)
Yes, the payments are interest, so you need to pay tax on these even if you reinvest in further loans.