Posted On: 12/17/2015 8:28:19 AM
Post# of 130
Here is something you may be interested in concerning tax season. You can declare a tax loss on EQLB if you bought higher then the current market price. In preparation for a large gain in the near future you can buy more shares now and sell your high priced shares before the last day of December 2015. Its a way of averaging down and still take advantage of your current loss with a tax deduction.
Danger! If you sell now you can't buy it back for at least 31 days or its a wash sale and disallowed.
Danger! If you sell now you can't buy it back for at least 31 days or its a wash sale and disallowed.
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