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Plugger301

11/26/11 12:46 PM

#691562 RE: Newly2b #691553

Wesley Snipes will tell you that does not work 100%
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RKH

11/27/11 11:17 AM

#691610 RE: Newly2b #691553

No, I'll take full responsibility, because it was me who made the decision. Like I said, my accountant only recommended I do that. I did my due diligence after that meeting with him.

And, as I also said, the IRS has already looked at me. Apparently, they found no reason to question my mark-to-market election during that audit. I certainly understand that they can revisit my situation anytime they choose.

My recommendation is, and always will be, to discuss this with a professional. I'm not, and have only relayed my limited knowledge of the situation to someone who asked for information. I hope everyone understands that.

My thanks for your thoughts on the matter.