Thanks for your reply @Mike9241 . Understandable need for more info. Here are facts:
2013: Paid cash $50K for silver buillion and had $25K note collateralized by it all
2014-2018: Paid in add'l approx $20K to maintain equity margin (storage charges and interest accrued)
2018: margin began to collapse forcing sale of about 70% of assets; all proceeds going to note; $0 to me
2019: fully liquidated as remaining 30% sold to satisfy note;$0 to me
broker didn't generate 1099B, but I'm entering it in TT HAB as if I had one using:
total $ invested + storage (+ interest?) as basis
but what is sale proceeds? the amount they got from the sale (which was below price I paid at this point) or $0 that I got?
Also it appears perhaps interest should show on form 4952?
Thanks so much for your help.
