Re: [GNC] Tracking Unrealized Capital Gains

2024-07-23 Thread sunfish62--- via gnucash-user
That's a very interesting approach, and one that I'll be looking into. The crux for me will be whether the return on time invested will be worth it. Others have made their points on the topic already, so I'll just focus on your second question. Personally, I'd go with the single account approach

Re: [GNC] Tracking Unrealized Capital Gains

2024-07-23 Thread Stan Brown (using GC 4.14)
On 2024-07-23 16:51, Patrick James via gnucash-user wrote: > If you're talking about substantial tax liability, then I suggest talking to > someone who has the skill and knowledge to minimize your tax bill. That same > person should be able to give some guidance as to how to best account based >

Re: [GNC] Tracking Unrealized Capital Gains

2024-07-23 Thread Stan Brown (using GC 4.14)
Hi, David! I can't tell you what GnuCash does in your scenario, because I wasn't able to get GC to handle my ETFs from Vanguard. That wasn't a big deal before I adopted GC in 2017, I already had a spreadsheet for each Vanguard account (taxable and IRA), with a column for each fund within that acco

Re: [GNC] Tracking Unrealized Capital Gains

2024-07-23 Thread Patrick James via gnucash-user
I'm guessing your understanding of how to use GNUCash is sufficient to accomplish whatever is best for your situation. Your question is more about what's best for your situation, and while you did not mention it directly, you also want to make sure that the information that you get is worth the

[GNC] Tracking Unrealized Capital Gains

2024-07-23 Thread David Warren
I have been using gnucash for almost a year and have a fairly sophisticated set of personal accounts, with lots of investment (asset) accounts. Basically, I have settled on two types of investment (asset) accounts: 1. Ones where I want to adjust values regularly via adjusting the price of a