If you re-invest the returns are you still taxed on them? | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		bozoUser on Feb 3, 2016 \| parent \| context \| favorite \| on: Ask HN: Your Passive Income Suggestions? If you re-invest the returns are you still taxed on them?

michaeltoth on Feb 3, 2016 [–]

Yes, the payments are interest, so you need to pay tax on these even if you reinvest in further loans.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact