Re:We are publishing the tax secrets of the .001%
by sokoloff on Tuesday June 08, 2021 @12:52PM
(#27437656)
I pay STCG on option contracts written and on (profitable) short sales (where the holding period is defined to be short-term).
Other positions have a defined thesis and, if that thesis gets invalidated, I close out the position sometimes at a gain. I do try to make most of my gains be LTCG, but trying too hard to optimize capital gains rates can lead to poorer investment decision-making/asset allocation.
Other positions have a defined thesis and, if that thesis gets invalidated, I close out the position sometimes at a gain. I do try to make most of my gains be LTCG, but trying too hard to optimize capital gains rates can lead to poorer investment decision-making/asset allocation.