opening up two accounts to trade bid and ask?

Quote from WhiteOut56:

cause you don't have to worry about wash trades
Wash sales aren't a problem in a single account if all positions violations are completely closed by the end of the year and you avoid re-entry for 30 days.

My guess is that transacting in two separate accounts does not get around PDT rules or wash sales. Whether they are clever enough to catch it is one thing but the IRS sure knows how to write regs that make more taxes due now :)
 
Back
Top