I was unclear if I was to include the value of the new stock in the gain or defer that until I sell it to. And as this is still a non-public company, BV and Market Value are the same.
what complicates this is my BV originally was $4/sh. I received $12 a share in cash and stock. My net gain was $8/share but not all in cash. If I had taken all in stock, I could have deferred the cap gain until selling for cash in the future.
I think the $8 is my cap gain and my new basis is the current BV/MV on the stock (which is $19/share). Too much math here.
