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Re: Lawrence 147 post# 94408

Friday, 09/11/2009 3:48:23 PM

Friday, September 11, 2009 3:48:23 PM

Post# of 749756
Yes, the example is regarding a capital loss, but the important point is the IRS position is it would be short-term. (And for losses, you prefer them to be short-term). I'm not in complete agreement with the IRS on this position, I'll see if I can do a little research over the weekend to support a position different from the IRS.

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