I would suggest you are selling for liquidity reasons , to free up the capital to use for other potential purchases .
Your decision would therefore be for the correct reason , for if you were to sell purely to offset a tax liability it could be disallowed by the ATO .
Im not an Accountant , consider this my opinion only .
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- cap gains tax offset???
I would suggest you are selling for liquidity reasons , to free...
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Dr. Hartley Atkinson, MD
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