Twofold Tax Loss Rule

Developing Bellechasse-Timmins Gold Deposit

New Discovery Resulting in a 20KM Mineralized Gold Belt

Reply New Message

Prev Message Back To Forum Threaded View Next Message

TeleProbe

Rank: President [?]

Points: 3071 [?]

Votes: 63 Score: 3.6 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Twofold Tax Loss Rule

in response to

Re: Bowmore NR... Larry

rwinger7717

posted on Dec 23, 2011 10:43AM

This is the way I understand it:
The tax loss rule is twofold (at least in the USA).

BEFORE selling, you are required to wait 30 calendar days after your last purchase.
AFTER selling, you are required to wait 30 calendar days before buying back.

There is no rule preventing your stock from going haywire in the meantime.

4 Recommendations

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Please to post a reply

Developing Bellechasse-­Timmins Gold Deposit

Twofold Tax Loss Rule

Developing Bellechasse-Timmins Gold Deposit