Alpaca-API
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Request: LIFO cost basis option
Is your feature request related to a problem? Please describe. For traders with multiple sell orders in the same stock, it would be handy to know the cost basis and profit-loss status of that position based on the "Last In First Out" accounting method.
Describe the solution you'd like A toggle or switch in the settings that you can activate in order to show cost basis via the LIFO method. Perhaps there are other desired accounting methods as well.
Could you just make it so that we can choose which tax lots to sell from?
It would be great to be able to specify the open order information to narrow down the lot information.
This feature was requested 2 years ago but still not added? That's unfortunate. I'm on TD Ameritrade which cannot handle LIFO in intra-day trading so for that reason I considered switching to Alpaca+TradingView but looks like Alpaca is suffering from a similar problem?
I live in Italy where it's required to use LIFO for tax reporting, it would be better if Alpaca offers it so that my US and Italian tax reports are in sync.