Berkeley CSUA MOTD:Entry 17584
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2025/04/03 [General] UID:1000 Activity:popular
4/3     

2000/2/22-23 [Finance/Investment] UID:17584 Activity:high
2/21    Can commissions charged by stock brokers be claimed as investment
        expenses?
        \_ your commission is part of your cost basis.  -tom
           \_ so what you're saying is
              Capital gains = selling price - buy price - (comissionx2)
              \_ No times 2. The cost basis is what you actually paid total.
                 \_ exactly, pipsqueak. 1xbuy, 1xsell
                        \_ 1xbuy + 1xsell = commisionx2 only if you pay the
                           same commission both times.  In many cases (not
                           discount brokerages) you won't.  The correct formula
                           is:
                                gains = (sales price - cost to sell)
                                        - (buy price + cost to buy)
                        \_ Not if you make more than 1 buy transactions.
2025/04/03 [General] UID:1000 Activity:popular
4/3     

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