Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Crius Energy Trust Tr Unit CRIUF

"Crius Energy Trust through its subsidiaries is engaged in the sale of electricity and natural gas to residential and commercial customers under variable price and fixed-price contracts. The company, through its subsidiaries, also markets solar products to its existing customers as well as to new prospects. It provides retail electricity to its customers in the Connecticut, Delaware, District of Columbia, Illinois, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Ohio, Pennsy


GREY:CRIUF - Post by User

Comment by predawnon Aug 26, 2018 10:43pm
57 Views
Post# 28520267

RE:OK now

RE:OK now Most all of us know all that and irrelevent to what I asked;;The question was(in case u missed it) was if anyone knew of any way to get around the 30 day rule ;; point being If I sell a stock in a Investment account at a loss I have to wait 30 days before buying again in either my IA or My TFSA in order to be allowed a capitol loss;;  
rico91 wrote: There are 2 types of investment accounts, registered and non-registered.

Registered accounts are TFSA's , RSP or LIF.
Non registered accounts are referred to as cash accounts.
Trading within a non registered account results in either a capital gain or a capital loss.
Capital gains  are added on to your income. They receive preferencial tax treatment ( 50% of the gain is taxed , I think ). If you have a capital loss you can deduct the loss from your gain to the same extent.  
This tax treatment only applies to non registered accounts.The 30 day rule for buying back a stock only applies if you incurred a loss and want to claim a tax loss.
If you sell for a gain, you can buy the stock back again anytime in your non registered account.

If you want to buy back a stock that you sold for a loss in a non registered account, you can buy it back without waiting by buying it in a registered account where losses or gains make no difference.
Hope this helps!

Rico


<< Previous
Bullboard Posts
Next >>