emielbo2
emielbo2 t1_ja45bgi wrote
Reply to Tax offset on paid dividends by bnabin51
Its counted as investment interest in the US, assuming you hold the position for longer than 45 days. If you held it for shorter than 45 days the cost gets added to your purchase cost. In the end both results are the same (increasing your cost base), just the item on your taxes changes.
Edit: for tax purposes you made a loss (option 2).
emielbo2 t1_j5l7gca wrote
Reply to comment by downboat in Investors Seek to Pull $20 Billion From Core Real Estate Funds by Fatherthinger
REITs are already down a lot as they are traded freely. Real estate funds often base their NAV on valuations from valuators which lag the market and as a result their NAVs are likely materially overstated, especially when compared to the implied values of listed REITs.
emielbo2 t1_iua5mbq wrote
Reply to comment by ringingbells in Is it just me, or is a a Market Makers' role in Order/Execution/Settlement confusing? Question: The CEO of Webull talked about their Market Maker, saying: "We're able to buy a share without driving up the stock 10% every time?" What does this work with Price Discovery & Supply & Demand? by ringingbells
He is describing a darkpool, not a market maker. Specifically a broker-dealer dark pool. A market maker is simply a company registered at an exchange (usually investment banks, but not always) that acts as a middleman, both buying and selling shares on the exchange so that there is enough liquidity to complete transactions. They make money by buying shares for P-1 and selling for P+1, so to say. When you place a buy order you pay slightly more than you would get if you sold that same share. Market makers earn their living on the difference between those two.
emielbo2 t1_iua1276 wrote
Reply to comment by devowed in Is it just me, or is a a Market Makers' role in Order/Execution/Settlement confusing? Question: The CEO of Webull talked about their Market Maker, saying: "We're able to buy a share without driving up the stock 10% every time?" What does this work with Price Discovery & Supply & Demand? by ringingbells
Exactly, the explanation in the image is as clear as it gets...
emielbo2 t1_ja493qm wrote
Reply to comment by bnabin51 in Tax offset on paid dividends by bnabin51
Seems like an error, you should get in touch with your broker.