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Strategies & Market Trends : Income Taxes and Record Keeping ( tax )

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To: Box-By-The-Riviera™ who wrote (391)1/5/1998 9:09:00 PM
From: John J H Kim  Read Replies (1) of 5810
 
A) Let's say that I don't own any XYZ anymore after trading it for a quick profit.

B) Let's say I decide to keep it for the rest of the year.

Any difference in the two scenarios?

I'm a little dense when it comes to these matters...what do you mean by: ". the first set can be rolled into the second which would
change the basis of your investment in the second set.... thus....all this carries over into 1998.."?

Thanks
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