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Caterpillar Inc. Message Board

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  • richoncat richoncat Apr 26, 2012 1:09 PM Flag

    This can be a good buying opportunity

    Never mind. I just read that the wash sale actually voids the loss on the first transaction. The loss on the first transaction is added to the cost basis of the second transaction so the loss is preserved and carried over to the second transaction but it can't be claimed on the first transaction.

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