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Investors & landlords
Since the investment expenses should be added on to the basis of GBTC and ETHE when dispose the assets, I would take these them when I actually sell them. In the meantime, to simplify the accounting of it, I would input the cost basis as the proceeds and recognize no gain or loss in the year I receive the Form 1099 B for these investment expenses. Any downside of treating this way? Feedback welcome. Thanks
‎April 16, 2023
6:39 PM