- posted 10 years ago
I'm roughly familiar with the purpose of wash rules ...
Is there a "reverse" wash rule also? I have some money in an S&P 500
fund with long term gains. I'd like to move it to an almost identical
S&P 500 fund that has a better cost structure and more flexible rules
(no commissions). The funds are otherwise almost identical.
Is there some way to make the move without triggering tax on the long
term gains when I sell the existing fund?