I am considering transfer a small amount of securities (about $1300~$1400 in market value now) from 1 account to another. The ACATS will cost me $75 which is rather large relative to the amount being transferred.
Both accounts charge $0 for trading, and use the same clearing firm. Therefore, I am thinking of just selling in my old account and buying in my new account. It's hard to imagine losing more than $75 fee in these trading activities. I assume the tax form next year will take care of the wash sale issues if they are using the same clearing firm.
Is there anything I miss or need to be aware of?