Just a heads up I believe that is the US rule for was trades. Ours is a little different and not as black and white
for us you just need to be able to be able to show a good reason for selling and that it wasn't just for a tax benefit (and likely that it's not an anomaly to your usual trading pattern). Obviously the time between when you sold and rebought is a factor in this but I believe in the US is a very black and white 30 day rule
A good reason for selling I believe can be as simple as you think the price was going to go down and wanted to sell to buy back in lower (the tax benefit of realising a loss might just be secondary to this).
above is imo based on conversations I have had. I am not an accountant. Always best to talk to an expert before you do something that might hurt you financially
- Forums
- ASX - By Stock
- RAC - Charts & Price Action
Just a heads up I believe that is the US rule for was trades....
-
- There are more pages in this discussion • 6,857 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RAC (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.59 |
Change
0.010(0.63%) |
Mkt cap ! $270.9M |
Open | High | Low | Value | Volume |
$1.60 | $1.60 | $1.56 | $168.3K | 106.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 51 | $1.56 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.60 | 20000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 54981 | 1.550 |
1 | 700 | 1.520 |
1 | 2750 | 1.510 |
3 | 7984 | 1.505 |
5 | 17550 | 1.500 |
Price($) | Vol. | No. |
---|---|---|
1.600 | 20000 | 1 |
1.620 | 2000 | 1 |
1.685 | 5000 | 1 |
1.690 | 6570 | 3 |
1.695 | 7731 | 1 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
Featured News
RAC (ASX) Chart |