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Gold/Mining/Energy : International Precious Metals (IPMCF)
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To: Josephus who wrote (34814)4/14/1999 12:46:00 AM
From: Larry Brubaker   of 35569
 
Jody, you can use your capital loss in IPMCF to offset any amount of other capital gains you may have. The $3,000 limitation is the amount of net capital losses you can deduct in one year.

Say you have a $5,000 loss in IPM but $6,000 of capital gains from other investments. You could then take the entire $5,000 loss on IPM to offset the $6,000 of other gains, for a net capital gain of $1,000.
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