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climberprof

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climberprof

Re: cookie63 post# 49955

Friday, 01/02/2009 1:09:05 AM

Friday, January 02, 2009 1:09:05 AM

Post# of 731224
Yes. Wash sale rule does apply. If one sells WAMUQ, then it looks like you cannot buy WAMUQ, WAMPQ (becaause it is convertable to commons). However, it looks like you can buy other preffereds. There are strict rules listed on the IRS website and I did post the link in one of my previous post.

HAPPY NEW YEAR TO EVERYONE!
I you lost a lot of $$ on WAMUQ, just like me, I hope we all get it back and more in 2009!

Climber

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