Or reverse wash sale? Anyways
I have leaps that I bought a week ago that're up 100%. I want to keep them since i believe they will continue to go up, but I lost money this year and want to take advantage of the loss. If I sell the leaps for profit now and buy them back right away, are the any downsides to this?
I don't need the tax credit ($3000) from the loss since I already have plenty to last me many years from my previous losses 😂 I just want to use this year's loss to offset the gains from the leaps but want to continue owning it into 2025 and beyond.
Submitted November 09, 2024 at 01:23AM by fd10d https://ift.tt/ORg8pn0
