Dear rjs,
Thank you very much for clarification. It has been a great educational for me. I was thrilled to learn something new and valuable.
With your clarification, I realize I have a huge monthly medicare premium to pay for 2025.
And allow me to clarify what I was saying. I need to liquidate my investment account so I can cash buy a property. By doing so, I incur $300,000 long term capital gain. I was looking for any tax saving. You gave me the answer. Thank you.
