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Level 2
posted Jun 4, 2019 9:10:37 PM

My non-traded REIT went public. Do I figure the cost basis and gain/loss now, or do I wait until I sell the traded REIT?

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1 Best answer
Level 9
Jun 4, 2019 9:10:39 PM

You do not need to report the basis until you sell the shares.

1 Replies
Level 9
Jun 4, 2019 9:10:39 PM

You do not need to report the basis until you sell the shares.