If I bought $1000 in an ETF earlier this year, and now it is worth $1100, and I sell it all to buy another ETF instead, is that $100 in capital gains that gets taxed in April?
And, if I bought $1000 in an ETF earlier this year, and now it is worth $900, and I sell it all to buy another ETF instead, is that $100 in losses that can reduce the gains realized in other stocks?
So if both happened, there would be no tax?
Thanks...