The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies

URL:  http://boards.fool.com/phil-i-put-in-a-limit-sell-order-for-a-stock-on-29014199.aspx

Subject:  Re: I'm Impressed Date:  1/8/2011  5:55 PM
Author:  RV2000 Number:  111901 of 121217

Phil - I put in a limit sell order for a stock on Dec 23rd. It traded on Jan 5 and settled on the 6th. I bought back in again on Jan 7th after a large decrease in price. Is this what I've heard called a wash sale? If I sell at a loss in Feb can I offset last year's gain against this year's loss next year? Or do I do it this year? lol

Truly - Thanks for all of the fantastic advice you give on this board. It is very much appreciated.

Rick
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us