I'm a TLH newbie so this may be a dumb question. If I were to TLH on my own I imagine it would only happen once or twice a year - I don't currently TLH at all. Would it be worth the fee (.25%) to have a roboadvisor do daily TLH for me? I'm assuming daily TLH would allow me to deduct 3000/yr (which is the max, right?) while doing it bi-annually would probably not be the max every year. If my marginal tax rate is 33% what is the break even point for daily TLH with a robo vs not doing any TLH?
I figured $1000 in tax savings/.0025=400k
I figured $1000 in tax savings/.0025=400k
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