“Sell an investment… realize that loss… up to $3,000 of that excess can offset ordinary income… wash sale rule… 61-day window”
AK
Amanda Kish
Motley Fool Hidden Gems Investing ·
Motley Fool Hidden Gems Investing · 10 Tips for Harvesting Investment Losses
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After selling a loss, wait at least 30 calendar days before repurchasing the same security to avoid a wash-sale disallowance
30 days (61-day wash-sale window)
“Sell an investment… realize that loss… up to $3,000 of that excess can offset ordinary income… wash sale rule… 61-day window”
“You need at least 25 to $30 a day budget running for at least 10 days before that your data is not reliable.”
“Different sub-accounts under the same loan facility, each with its own statement and balance… loan contamination… ATO can disallow deductions”
“You have to send a letter in to the OFCCP and wait maybe 30 days before you can award the contract… they have 15 days to respond… if they don’t respond you can assume authorization”
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