Hacker News new | past | comments | ask | show | jobs | submit login

Contact a lawyer that normally deals with lotto winners to help setup the right entities (probably an LLC) to own the treasure. This protects you incase someone decides to sue you. Depending on the state, you can claim someone else as a nominee manager of the LLC so your name stays off anything public. You'll still have to pay taxes on the find and then taxes on any capital gains you get from selling treasure. It might even be better to hold onto the treasure and sell off bits as needed instead of trying to flip the whole thing. I know capital gains taxes favor long term investments although he price of gold might fluctuate enough for you to technically lose money (meaning no taxes on the sale). There are a whole host of scenarios that can liquidate your treasure fast or slow, cheap or expensive but it all depends on your state and the market.



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

Search: