2Semana·

Loss pot

$PSEC (+0%) 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... :(

6 Comentários

sagt@konfuszius

2Semana

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

2Semana

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

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sagt@konfuszius

2Semana

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

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Waldemar@Wowa83

1Semana

@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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sagt@konfuszius

1Semana

@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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Waldemar@Wowa83

1Semana

@DoppelSchlechtMinus I do some tax optimization at the end of the year and sell the funds and Reits that are in the red and then buy them again. Hercules is currently in the red for me. But the AI tells me it's in the 'shares' pot.
Edit: I have now explicitly asked for Harcules in TR. Should end up in the 'Others' pot.

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