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URL:  http://boards.fool.com/gtgtgtgtgtgtgt-if-you-are-talking-21808100.aspx

Subject:  Re: Capital loss utilization Date:  12/26/2004  2:01 PM
Author:  JanSz Number:  74934 of 121569

>>>>>>>
If you are talking about a net $150K loss, you may indeed never use it up. The good news is that for the foreseeable future you'll owe no tax when you sell winners.
>>>>>>>
Indeed, this is my situation now.

>>>>>
Some people think it's wise to sell winner/keepers and rebuy them, thus using up some of the loss. To me it doesn't make sense.
>>>>>
I am of the same opinion.

I was hoping that I am overlooking something in:

IRA distribution
IRA-RothIRA conversion
Taking a mortgage on my fully paid of house.
Getting a bigger house using home equity loan .
Buying summer house using mortgage.

JanSz



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