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Post# of 84369
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rvz1020

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rvz1020

Re: DCsmitty post# 34911

Thursday, 12/21/2006 4:09:30 PM

Thursday, December 21, 2006 4:09:30 PM

Post# of 84369
Yes that's the s.e.c. Rule. They passed this because the government didn't want people selling on dec 31 to get a nice write off just to purchase it 2 days later at or near the same price. It really makes sense and stops a huge loophole.
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