The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Is this a WASH SALE||Date: 12/9/2008 9:16 PM|
|Author: stockmover||Number: 102860 of 122553|
This also may have been answered before, but would this transaction be a wash sale if I sold my position in Ford (F) (common stock) at a loss one day and purchased General Motors (GMS) (preferred stock) the next day?
If so, would it make a difference if the sale was from my brokerage account and the purchase was within my IRA account? I know that GM and F are both risky stocks right now but I was just wondering?
Thanks for any help.
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