[GNC] How to record in-kind transfers?

[David Newman]

On 2/5/21 7:56 PM, John Ralls wrote:
> 
> 
>> 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.

Thanks for that. I might end up doing both.

Re-parenting is simplest and makes the most sense. But in one case, I've
already got shares of the same company at the old and new brokerages. I
used the two-split method there. Both worked fine.

Thanks again!

dn


> 
> Regards,
> John Ralls
> 
>