CoPilot on MS Edge-
MTATo avoid wash sales, consider these strategies:
Time Gap: Wait at least 31 days before repurchasing a similar asset after selling it at a loss. This ensures you’re not caught in a wash sale.
Different Assets: Invest in assets that are not substantially identical. For example, if you sell shares of Company A, consider buying shares of Company B instead.
Tax-Loss Harvesting: Use tax-loss harvesting to offset gains. Sell losing investments to offset capital gains and reduce your tax liability. Just be mindful of the 30-day rule.
Track Transactions: Keep meticulous records of your trades. This helps you identify potential wash sales and adjust your strategy accordingly.
Remember, consult a tax professional for personalized advice based on your specific situation.
CoPilot on MS Edge- MTA To avoid wash sales, consider these...
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Last
0.8¢ |
Change
-0.001(11.1%) |
Mkt cap ! $15.21M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.8¢ | $62.00K | 7.602M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2215499 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 3181111 | 4 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| NRZ (ASX) Chart |