Can Rattlesnake Wranglers Give Good Financial Advice?
The Stacking Benjamins Show
00:00
What Is a Wash Sale?
A wash sale is when you sell a ock at a loss, and then you replace that stock within 30 days. And so it gets kicked on down the pike for a bit. Just because you're buy stocks doesn't make it a capital gain tax event. You have to hold it for more than a year. So i've had clients, even that know better, they'll sell it a day short of long term capital gain. They had no idea.
Play episode from 12:49
Transcript
