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Re: Until2020, formerly Until2017 post# 10832

Thursday, 12/22/2016 5:11:52 PM

Thursday, December 22, 2016 5:11:52 PM

Post# of 11212
Don't forget that one can't buy back their investment (at least in Canada) within 30 days of their tax loss sell or it'll be deemed a superficial loss by CRA.

Also, the last trading day of the year is 30 Dec (Friday)

We need to remember to keep in mind you need a standard 3 days trade settlement. So 27 Dec might be your last chance for tax loss selling.

Best to double check with your broker but I'm nearly certain they all have the settlement rule in place.

Obviously the US could have different re-purchase rules.

Cheers old friend


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