pk
Level 15
Level 15

Deductions & credits

@okst1960  having read through your posts and  answers by my colleagues @Mike9241 , @Carl  and agreeing with them, I am still unsure as to how you propose to liquidate unrealized losses .  You are proposing sell/ liquidate  your holdings  and thus incur and recognize the losses.   Then  within the same year you propose to buy a residential  ( thus incurring good chunk  outlay ),  actually rent the asset  or declare it available for rent and then after a respectable time lapse sell this  asset ( thus incurring  sales expenses ( real-estate commission etc. ) and transfer tax etc. and still find sufficient gain to offset your losses.  Unless you are living in a very hot market, this is impossible.

 Suggest you talk to an accountant on how best to reduce your unrealized loss ( if you really have to divest ).

 that is my opinion ( and others may disagree on my conservative look at the situation )