thanks ira and lynn. i really appreciate all your help. kim
IraS1@aol.com wrote:
> > Lynn has it almost precisely correct.
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> Now see? That's why we need you! <G>
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> > You adjust your basis in the new shares by increasing it by the
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> > amount of the deferred loss.
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> So my question is, would there be any good reason to sell shares and buy them back before 31 days?? I don't see the benefit.
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> I can't think of one either.
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> Ira Smilovitz