Question 1: In 2000 I sold my home for a short term gain (I owned the house for only a few months). I also have a short term gain from the sale of stocks. (Lucky man) For the purpose of computing total short term capital gains, is the Short Term Gain (from the sale of the house) added to the short term gain derived from the sale of stocks?Question 2: Assuming that the answer to #1 is "yes", can I then follow the "normal" (this is all somewhat new to me, so nothing is really normal) process whereby I sell some "losers" so that my short term losses will then equal my short term gains? (Putting aside for the moment the question of whether or not this makes sense from a purely investing standpoint). Thanks in advance for any input.MotleyDell
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra