SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Beat The Street With SI Traders
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Terry Maloney who wrote (71575)2/18/2011 9:39:53 PM
From: johnlw  Read Replies (1) of 233807
 
Thx for that link Terry
I bolded the areas of concern that would apply to me.
I've used an acct for 5 years and he has green-lighted me with my activities.
Probably 95+% of my trades last couple of years have been dividend type stocks so that is in my favour fwiw.

200 new creeps have to justify their existence though.....

11. Some of the factors to be considered in ascertaining whether the taxpayer's course of conduct indicates the carrying on of a business are as follows:
(a) frequency of transactions – a history of extensive buying and selling of securities or of a quick turnover of properties,
(b) period of ownership – securities are usually owned only for a short period of time,
(c) knowledge of securities markets – the taxpayer has some knowledge of or experience in the securities markets,
(d) security transactions form a part of a taxpayer's ordinary business,
(e) time spent – a substantial part of the taxpayer's time is spent studying the securities markets and investigating potential purchases,
(f) financing – security purchases are financed primarily on margin or by some other form of debt,
(g) advertising – the taxpayer has advertised or otherwise made it known that he is willing to purchase securities, and
(h) in the case of shares, their nature – normally speculative in nature or of a non-dividend type.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News