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Business & farm
Thank you for the reply, but I felt like that focused on electing section 475 as a person. I established an LLC in December of 2020, and I wanted to know if I have to elect section 475 for my LLC specifically in order to claim ordinary losses or if I can record my costs and losses and not be disenfranchised by the wash-sale rule.
@ColeenD3 do you know by chance?
March 6, 2021
4:30 PM