My clubs use tax loss selling as an ongoing strategy. We
frequently will purchase the same company again after the
wash sale period has expired. We would like to track the
gain/loss percentage from the new purchase date rather than
the original purchase date.
How do I modify the old holding record so that I do not
create a history problem but track based on the new purchase
date? And what is the proper timing for the modification?
Laurie Frederiksen on
Hi,
You do not want to modify dates on any of your historical accounting entries. That would create all sorts of peripheral issues.
To look at the performance just for the time period that includes the most recent purchases, adjust the dates shown on the Investment performance report to start and end on the dates you are interested in looking at performance for.
Laurie Frederiksen Invest with your friends! www.bivio.com
My clubs use tax loss selling as an ongoing strategy. We
frequently will purchase the same company again after the
wash sale period has expired. We would like to track the
gain/loss percentage from the new purchase date rather than
the original purchase date.
How do I modify the old holding record so that I do not
create a history problem but track based on the new purchase
date? And what is the proper timing for the modification?
Mark Eckman on
A related question - how can we look at tax lots?
Mark Eckman
On Mon, May 1, 2017 at 12:06 PM, Laurie Frederiksen <laurie@bivio.biz> wrote:
Hi,
You do not want to modify dates on any of your historical accounting entries. That would create all sorts of peripheral issues.
To look at the performance just for the time period that includes the most recent purchases, adjust the dates shown on the Investment performance report to start and end on the dates you are interested in looking at performance for.
Laurie Frederiksen Invest with your friends! www.bivio.com
My clubs use tax loss selling as an ongoing strategy. We
frequently will purchase the same company again after the
wash sale period has expired. We would like to track the
gain/loss percentage from the new purchase date rather than
the original purchase date.
How do I modify the old holding record so that I do not
create a history problem but track based on the new purchase
date? And what is the proper timing for the modification?
Laurie Frederiksen on
There is an investment lot cost basis report on the Accounting>Reports page that allows you to see the lot details separately.
Laurie Frederiksen Invest with your friends! www.bivio.com
On Mon, May 1, 2017 at 12:06 PM, Laurie Frederiksen <laurie@bivio.biz> wrote:
Hi,
You do not want to modify dates on any of your historical accounting entries. That would create all sorts of peripheral issues.
To look at the performance just for the time period that includes the most recent purchases, adjust the dates shown on the Investment performance report to start and end on the dates you are interested in looking at performance for.
Laurie Frederiksen Invest with your friends! www.bivio.com
My clubs use tax loss selling as an ongoing strategy. We
frequently will purchase the same company again after the
wash sale period has expired. We would like to track the
gain/loss percentage from the new purchase date rather than
the original purchase date.
How do I modify the old holding record so that I do not
create a history problem but track based on the new purchase
date? And what is the proper timing for the modification?