Ah, gotcha. I didn't realize there was anything illegal about it, just seemed to me it's basically a tax deferral so there's some playing with timelines but you're still going to ultimately pay tax so I didn't think they cared. I sort of assumed everyone did this. Sold their losses before the end of the year to lower taxes and rebuy and worry about paying bigger gains next year. I'll ask my local (Canada) accountant if it's any different over here. Thanks guys!
12/13/16 at 1:28pm