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One of my long term stock holdings is being bought out for cash by another company. I'll have something like a $3600 loss on that one.
I plan tosell one of my winners to offset the loss, and buy it back the same day or the next day, It will offset the loss and my holding period starts on the new purchase date?
There is not a reverse rule about wash sales that might apply to this, is there?

See IRS Publication 550, page 53. Wash sales apply only to losses. If you have no gains, you do better by using the loss to offset ordinary income. Why use it against a gain which could be long term with better tax treatment? You can use $3000 against ordinary income after applying it against any capital gains. The excess carries forward until used.
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