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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: edamo who wrote (6254)9/13/1999 12:38:00 PM
From: rel4490  Read Replies (1) of 54805
 
Edamo, the length of time a short sale remains outstanding is irrelevant to the tax consequences. Since the seller is never the owner of the security while short, a tax holding period never begins and the transaction is always a short term transaction for tax purposes.
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