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Monday, October 11, 2021 10:00:31 PM
maybe this is stupid, but if you don’t intend to claim the loss on your taxes, is there anything stopping you from selling and buying back in? surely your account isn’t locked and “unable” to buy that stock is it? Not that it would make a difference. the relative price per share wouldn’t change.
Are daily traders/flippers not able to take advantage of tax write offs (as easily, maybe) because of this rule? *wash sale rule
I don’t think I could flip this very successfully. I’m following that king’s gold quip somebody here said, only buying more when I can. Almost all of it is in the lower long term tax rate I don’t mind keeping it there
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