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Sort of new to investing. Rather, I've had a stock portfolio since 2020 and have let it marinate for a few years. Now, I'm interested in selling stocks and buying others.
I definitely want to avoid a wash sale and understand the best way to do so is to "not purchase the same stock OR a substantially similar priced stock..."
My question is how does one determine what is a "substantially similar priced stock?"
For instance, RIVN is now 13.20 a share. At what price range do I need to avoid in order to avoid a wash sale?
Any one know?
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- 4 months ago
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