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by mywittyname 1455 days ago
I've never heard of tax straddles, but they sound an awful lot like what we now call "tax loss harvesting."

> For example, an investor with a capital gain manipulates investments to create an artificial loss from an unrelated transaction to offset their gain in a current year, and postpone the gain till the following tax year.

1 comments

At least tax loss harvesting is recognizing a real loss. Wash rules mean you can't just dump your money back into the same investment.