RE:RE:RE:Myth of tax loss SeasonLike everything else it is a tool and used properly it is very effective as well as the carry forward provisions. I use it to ofset capital gains triggered when I sell stock for revenue as I am retired and live on mt investments.
Last year I saved about 10K in taxes from a stock , not BBD, that I took a big hit on a while back to off set profits I made.
I would not call it a myth, however like everything else know when it works for you.