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by Callalily » Fri Dec 28, 2012 11:07 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?
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Callalily
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by dbr » Fri Dec 28, 2012 11:09 am
The holding period also includes 30 days before the sale.
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by Callalily » Fri Dec 28, 2012 11:11 am
Ah ... So 30 days before and 31 days after? Sigh ... I thought I'd found the free lunch!
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Callalily
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by Default User BR » Fri Dec 28, 2012 12:45 pm
It's actually 30 days before, 30 days after, and the day of.
Brian
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