You have a zero tax rate on capital gains until the $50,000 loss is used. Except for the $3,000 a year used against regular income, it is your choice of when to use the carry forward loss.Thanks vkg, As I noted in mt response to Phil, I plan to sit on the $50,000 carry over losses. I was thinking that by establishing a new cost basis at time of sale, I would protect my gains in Berkshire for many years to come. Dreamer that I am.Thanks to all,
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