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Strategies & Market Trends : Income Taxes and Record Keeping ( tax ) -- Ignore unavailable to you. Want to Upgrade?

To: Maywood who wrote (3637)	2/5/2001 9:57:12 AM
From: PuddleGlum	Respond to of 5810

Thanks, Maywood, that's exactly the information I was looking for but hoping not to find. pg

To: Maywood who wrote (3637)	2/19/2001 10:26:10 PM
From: John	Respond to of 5810

Question: How does the IRS define "substantially different securities" regarding the wash sale rule? Example: If I sell ProFunds' UOPIX at a loss and immediately purchase shares of Rydex's RYVYX, can I claim the ProFunds' loss, or does this violate the wash sale rule? Both of these funds are 2 beta NDX funds, but each one is operated by separate mutual fund companies. In addition, they use different formulas to achieve the 2 beta result. Is this "substantially different" enough? Best Regards, John