Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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

To: Colin Cody who wrote (2171)	4/23/1999 5:37:00 PM
From: Spots	Read Replies (1) \| Respond to of 5810

My impression is very strongly that shorting a stock against the box suspends its holding period (better than puts, at least, which reset the holding period to zero). I don't believe you can change that by subsequent transactions. These are my impressions from what I've read over the years. Strictly not guaranteed, but I would be leery of the method you suggest, myself. I have shorted against the box, and it's a hell of a mess, regardless of the taxes. Ugh. Especially if the stock pays dividends (which it did). Double Ugh. Also makes you feel like a fool if the stock takes off. Which it did. Triple Ugh. <g> Spots