Can anyone verify if this still works, I know it did a number of years ago. The idea is suppose you have a few positions you wish to 'wash'. In December, you exit the position while entering into a synthetic forward such that your tenor is greater than 30 days. You'll end up taking a hit on transaction costs, any potential slippage, as well as carry.
I can't say how frustrate I am. The rule you are pointing out I believe it is correct. This is what I always knew but I am fricking out because so few seems to know it. Your statement, Steve, is actually also in the spirit of the law. Wander if IRS might know his own laws. Do you think this rule ( I had a wash sale back in October 2013 ) is still valid? Thank You so much. Gio