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Investors & landlords
I know IRS will never forgive but this is just a hypothetical scenario. Also, nobody told me you should liquidate all holdings in October every year and not do any transactions till next year. I also think some brokerage companies are mean and will count any buying ( even remotely related) in wash sale. So it’s impossible to trade anyway like this. I have other job and trader was just for some hours every week. There are many new investors doing same mistake. Many will painfully realize this every year as many are ignorant.
For good or bad, trading has lots of restrictions and is my worst ever decision. I am already paying for this huge tax bill and I know there is no option. This door is closed forever.
March 4, 2024
12:06 AM