wash trade, page-2

perhaps best to consult a tax professional.


however if it helps this is my thinking;

first thing,
if i have a tax loss which i want to realise then i think to myself do i really want to purchase the shares back immediately?
if so, is the reason because i think they will go up short term?
and if so, then why am i selling these shares??? if there is gains to be made then i'm going to have to end up paying tax on those future gains anyway so why not just pay the tax now with gains already on the books?


but secondly,

if i say have 100k shares in a company which are sitting on a loss and i'm thinking, well maybe they are a dudd,
or perhaps i think why have i got my dollars tied up here when i can make more money over there, the either
sell out completely
or
sell a percentage of your shares, say 50k shares and book half your losses and sit on the other half.


but remember you cannot get out of paying tax.