So your logic is: if someone sells, you sell; if someone buys, you buy. You are always following others. Always a loser.
What I am saying is that usually partnership is cheaper and thus offer higher percentage of dividend...
Now I think LNCO is a good entry point.
I have reduced my position on WMC but still have a very siazable long. What puzzles me is that dispite its reduced income and dividend outlook, WMC still trades above its BV, while MTGE and MITT trades at 90% of their BV.
If I don't get it wrong, LNCO is a normal stock while LINE is a partnership, right?
How come LNCO offers a slightly higher percentage of dividend than LINE?
Usually the market favor the noemal stock so that the percentage of dividend is lower than the partnership.
What I have as the cumulative adjustment to basis (5a) is a number is bracket: (112).
Does that mean I should subtract 112 from my original cost basis?
Thanks in advance?
What does "cumulative adjustment to basis (5a)" means? What should I do with it?
What does "ordinary gain" mean?
Thanks in advance.
Lisa, I found the sales schedule and know how to find the entrance in turbotax (disposal).
But the sales schedule did not tell the sale price and partnership basis. It only tells the cumulative adjustment to basis and ordinar gain.What does it mean? Should I use the imported proceed for price and cost basis for partnership basis?THanks in advance.