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holter

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holter

Re: None

Friday, 10/03/2008 7:03:00 PM

Friday, October 03, 2008 7:03:00 PM

Post# of 44374
Question for anybody. If I sell my long term shares monday and wait for 30 days to repurchase, will I be able to write off my long term losses this year for GTEM. I think the answer is yes, right?

The second question is when I repurchase my shares in GTEM will that start a new cost basis since I waited 30 days to buy the stock again?

The third question is if I don't have any long term gains to use the long term losses against. Will I be able to cary the long term loss over to the next year and subsequent years until it is used up?

Let us all share in the wealth of information and knowledge!

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