[GNC] How to record in-kind transfers?
John Ralls
jralls at ceridwen.us
Fri Feb 5 22:56:04 EST 2021
> On Feb 5, 2021, at 6:42 PM, David Newman <dnewman at potrzebie.org> wrote:
>
> Greetings. How to record in-kind transfers of stock shares between
> brokerages?
>
> I've read the "Concept of Lots" document on the wiki multiple times,
> especially the "lot transfer" section, but don't understand how this
> applies to in-kind transfers of stocks.
Probably because it doesn't.
You can transfer the shares in a regular two-split transaction but depending on the circumstances it might make more sense to just re-parent the account to the new broker.
Regards,
John Ralls
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