Early television was in black and white, and the clarity wasn't nearly as precise as it is today. When the Canadian Broadcasting Corporation was testing for live hockey broadcast in 1952, they found out that if both teams wore their traditional colors, it was very difficult to differentiate them. They solved the problem by having the home team wear white, while the visitors remained in their darker uniforms. This concept caught on and was adopted by other sports as well,.
The milk man.
You were "put" on the house with your dad. This means you are now a joint owner or tenants in common with your dad. I presume that you are 50/50 owner here with him although this fact is not important. My understanding here is that when your dad acquired the house, the cost basis was triggered. Over the years of ownership, you two might have added capital improvements (like a new bathroom instead of changing a faucet in it). These capital improvements would be added to the original cost basis to make the basis higher. When you do sell the house, you would focus on original cost + improvements.
Now, if you happen to rent the house for a period of time and have used depreciation on the property for tax purposes, then the depreciated amounts over the years would be SUBTRACTED from the original cost basis.
Finally, if the sales price is more than the adjusted cost basis, you have taxable capital gain. Likewise, if it's below the ACB, then you have a capital loss.
I am sorry I cannot explain this in a more simple way.
Used to be "hath". What's the question?
I am not sure which one Dan Weiner was referring to. However, it's always better to have a fund that's actively managed. A very nice garden is typically maintained by a good gardener and a pruner. An index fund or ETF charges a small fee (load). Why? Index funds mostly mirror the components in that particular index. It's a no brainer since there's no brain behind it. These ETF funds are great short term trading mechanisms (long term the fees would kill you) for tactical and hedging purposes.
Call Vanguard directly at (877) 662-7447 and ask them about Dan Weiner's non-index fund. They are very nice and friendly too.
Grilled Scallops and a bottle of very cold beer. I am in.
Air?
Dardaigh is right but it's Kay where every Kiss begins.
If arrested, only ask for an attorney. The burden of proof rests on their shoulders. Do NOT speak to any of the arresting officers. Silence is really Golden here.
Sell the losers and wait 31 days before buying them back or your losses are not deductible.
If your capital loss is in a tax deferred account such as an IRA, there is no taxable loss realized. Hence, you may buy the stock back any time.