I have a question for you Greg, reading quite a few pages back (I can't remember the page number) you discussed what I believe was called a "wash sale." Given that I bought KMI while down to average down my cost per share basis and sold my long-term shares to achieve that, would adding to my position now while the shares are down negate the tax benefit IF I was doing this in an account not slated for retirement?
This activity is in a retirement account but am curious if it applies differently in a regular investment account. Can I buy new shares, sell the old shares and buy new shares again or must you sell all of your shares, clear the position and then buy again to avoid a tax hit. I'm sure I am overthinking this again but does the manner in which your transactions take place make a difference?
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Jose
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