1D·

Loss pot

$PSEC (-2,12 %) A loss that has just been realized has ended up in the "Other" offsetting pot... apparently this security from the BDC sector is not classified as a "share".

Too bad, actually wanted to offset with equity gains... :(

5 Comentarios

Nacktdachs@DoppelSchlechtMinus

Don't worry about it, I guess 90% of all the people who buy here $MAIN and $O have no idea how BDCs and REITs are treated for tax purposes etc. but just think "great, monthly dividend" and also make such mistakes.

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Zerax@Zerax

@DoppelSchlechtMinus But that's not really a consolation for him, is it? 😅

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Nacktdachs@DoppelSchlechtMinus

@Zerax You'll have to ask him. My empathy skills could possibly be below average 😅

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Waldemar@Wowa83

@DoppelSchlechtMinus I asked myself this question the day before yesterday. I knew that Reits were under 'Other'. According to Google AI and Chatgpt, BDCs end up under shares when they are sold. Is that correct?

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Nacktdachs@DoppelSchlechtMinus

@Wowa83 No, drill down again with keywords like "non-reporting fund" and so on, can even be different for each BDC and REIT in principle. You can't even just look it up somewhere. If you are interested in a specific one and you already had it last year, take a look at what is stated in your last income statement. If it's an investment fund, then the share price P&L should not be included in the share pot. But then again, there may be special cases. And I'm not promising you that I've explained this correctly. Simple answer: Don't buy BDCs without a tax advisor 😉

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