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How many days are there in a long vs. short term investment. Please give the exact number of days please. I forgot the exact number.

2007-08-16 16:03:07 · 2 answers · asked by Alan M 1 in Business & Finance Investing

2 answers

leap year doesnt matter 365 flat is the cutoff.

2007-08-16 16:57:27 · answer #1 · answered by Anonymous · 1 0

One year is 365 days unless it is leap year. You must hold the investment longer than that to be a long term capital gain so 366 or 367 in leap year.

2007-08-16 16:14:49 · answer #2 · answered by shipwreck 7 · 0 0

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