Tax rules in IRAs My understanding is that all IRA transactions are not taxed within the IRA. Specifically, if I buy a security for $10,000 and sell it for $15,000, the $5,000 gain is not taxed. If that is so, here is my question. What would stop me from selling my securities in my IRA, buying it back at the higher price, and selling it again for a gain that is much less that the $5,000. Is there a time limit? |