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chloe1733

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« on: September 27, 2016, 01:52:03 PM »
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« Last Edit: April 19, 2025, 09:51:22 PM by chloe1733 »

seattlecyclone

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Re: In-Kind transfer from Betterment to Vanguard best way to avoid cap gains?
« Reply #1 on: September 28, 2016, 10:22:38 AM »
I've heard horror stories of cost basis information getting lost in the transition between brokers. I wouldn't personally mess around with that to save $100 (or less) on taxes.

neo von retorch

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Re: In-Kind transfer from Betterment to Vanguard best way to avoid cap gains?
« Reply #2 on: September 28, 2016, 10:29:24 AM »
I recently did an in-kind transfer of taxable investments from Betterment to Vanguard. Betterment sent me a CSV of my cost-basis information, which I sent to Vanguard through their web site message system. They recently informed me that they incorporated the information.

tonysemail

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Re: In-Kind transfer from Betterment to Vanguard best way to avoid cap gains?
« Reply #3 on: September 28, 2016, 12:10:59 PM »
I recently did an in-kind transfer of taxable investments from Betterment to Vanguard. Betterment sent me a CSV of my cost-basis information, which I sent to Vanguard through their web site message system. They recently informed me that they incorporated the information.

that's great.  thanks for sharing.

but i would also pay the $100 tax and be rid of the hassle.

neo von retorch

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Re: In-Kind transfer from Betterment to Vanguard best way to avoid cap gains?
« Reply #4 on: September 28, 2016, 01:39:06 PM »
Yes - considered it but in my case it was going to be a lot more than $100 in tax! So I decided this was best. For now, my asset allocation is basically correct, but not quite in the funds I want, so once these are long-term holdings, I plan to shift those holdings into my preferred funds.