HUMBL Inc (HMBL)

[archilles]

That is correct. 20% is the tax if hold more than one year. If Biden was to change this, there will be a transition time of one year meaning it will not take effect until one year from the date it was passed. I am sure the Senate will block it. The Senate will block it. Wall Street is not worrying about it because the Senate is still in control. I would not worry about it either. It will never get passed. TSNP will be in dollar land by that time as well.

If you sell it under 30 days of holding it, you will not be able to write it off or use it as capital loss offset. Your loss is called a wash sale.

You have to at least hold it more than 30 days in order to write it off provided you can not buy back into it after yo sell it.

Confirm with your investment firm and they will provide you with precise info.

I have been there and done that multiple times. Wash sales is a bitch because you will lose too much and cannot write it off.

If you dont have to sell it, dont do it because TSNP will go back up.