I have an trading (investing) strategy that rebalances monthly to hit desired target weights for a selection of stocks in the portfolio. This approach is simply part of managing risk.
Is it possible to set up an account that won’t incur tax due to this rebalancing, and, specifically for the month of Feb how can I avoid being flagged for wash sales (e.g. if I close a position on Feb 1 something that I then buy back on March 1)?
Thanks in advance.