TLH Question

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Topic Author
Callalily
Posts: 32
Joined: Wed Dec 16, 2009 11:42 am

TLH Question

Post by Callalily »

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: 46137
Joined: Sun Mar 04, 2007 8:50 am

Re: TLH Question

Post by dbr »

The holding period also includes 30 days before the sale.
Topic Author
Callalily
Posts: 32
Joined: Wed Dec 16, 2009 11:42 am

Re: TLH Question

Post by Callalily »

Ah ... So 30 days before and 31 days after? Sigh ... I thought I'd found the free lunch!
Default User BR
Posts: 7502
Joined: Mon Dec 17, 2007 6:32 pm

Re: TLH Question

Post by Default User BR »

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


Brian
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