Sure, but my point is - I'm parting ways with my money (be it cash or an asset with monetary value) either way without anything in return. It's just from tax pe

Sure, but my point is - I'm parting ways with my money (be it cash or an asset with monetary value) either way without anything in return. It's just from tax perspective it essentially looks like I never had those money. I see your point about cost basis tho, I didn't think of this and definetly will use this from now on. Thank you.