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Strategies & Market Trends : IRS, Tax related strategies--Traders -- Ignore unavailable to you. Want to Upgrade?

To: Maika who wrote (1344)4/14/2001 4:16:31 PM
From: Colin Cody  Read Replies (2) | Respond to of 1383
 
Barb, to take a loss of DCI on a 2000 tax return an investor needed to sell the stock, without recourse, to an unrelated party in a fair and open transaction.

Otherwise the investor has said, in effect, that she sees value here and wants to hang on for a while longer.

Alternatively she could have doubled down, waited 31 days, and then off sold the original shares.


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