The Motley Fool Discussion Boards

Previous Page

Industry Discussions / Real Estate Inv. Trusts: REITs


Subject:  Re: December Tax Loss Selling Date:  8/17/2020  5:12 PM
Author:  BruceCM Number:  86292 of 86760

In taxable accounts, the risk with TLS is the price will rise above the amount of tax savings during the 30 day wait, so its generally a good strategy to sell/replace with a similar stock. Also, keep in mind that if there are not offsetting realized capital gains, only $3,000 of the capital loss can be used per year as negative ordinary income, with unused capital loss carried forward indefinitely until used up.

I think any of the hospitality stocks, to include casual dining, cruise lines, airlines and hotel/motel/theme park/entertainment REITs, with a history of competent management, are terrific value plays today. Of course, we don't know how long it'll take to get back to 'normal'. And in talking to my retired physician friends, I'm not so sure a vaccine will be the finish line. Corona viruses, like other cold viruses, have not responded well to vaccine effectiveness...which has historically not been very high for elderly at higher risk for a corona virus. But let's keep our finger's crossed.

Copyright 1996-2021 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us