TLH Question

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Callalily
Posts: 31
Joined: Wed Dec 16, 2009 12:42 pm

TLH Question

Postby Callalily » Fri Dec 28, 2012 10:07 am

My understanding is that the 31-day requirement begins after you sell the depreciated share. Won't purchasing the beaten down stock, then sell the depreciated share of the same stock circumvent the 31-day rule?

dbr
Posts: 16344
Joined: Sun Mar 04, 2007 9:50 am

Re: TLH Question

Postby dbr » Fri Dec 28, 2012 10:09 am

The holding period also includes 30 days before the sale.

Callalily
Posts: 31
Joined: Wed Dec 16, 2009 12:42 pm

Re: TLH Question

Postby Callalily » Fri Dec 28, 2012 10:11 am

Ah ... So 30 days before and 31 days after? Sigh ... I thought I'd found the free lunch!

Default User BR
Posts: 7501
Joined: Mon Dec 17, 2007 7:32 pm

Re: TLH Question

Postby Default User BR » Fri Dec 28, 2012 11:45 am

It's actually 30 days before, 30 days after, and the day of.


Brian


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