Fermion
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I have been trading some Seadrill in my IRA. Small amounts, about 1000 share lots.
If I were to buy some Seadrill Partners (different symbol...somewhat complicated financing company offshoot which Seadrill still owns part) in a taxable account, would that be substantially different for wash sale purposes?
Seadrill trades under SDRL and Seadrill Partners trades under SDLP.
Seadrill doesn't pay a dividend but SDLP still does (maybe unsustainable, but about 15% right now with everything contracted out to 2017).
Since they have different symbols and one pays dividend but other doesn't, it sounds substantially different to me?
If I were to buy some Seadrill Partners (different symbol...somewhat complicated financing company offshoot which Seadrill still owns part) in a taxable account, would that be substantially different for wash sale purposes?
Seadrill trades under SDRL and Seadrill Partners trades under SDLP.
Seadrill doesn't pay a dividend but SDLP still does (maybe unsustainable, but about 15% right now with everything contracted out to 2017).
Since they have different symbols and one pays dividend but other doesn't, it sounds substantially different to me?