Selling from a specific lot

[MehdiZare]

Selling from a specific lot can help your brokerage clients to provide more efficient tax-sensitive strategies.

We need to be able to sell from a specific lot to make sure that capital gains/losses are either short-term or long-term as there are different tax treatments for each.

Unfortunately, it's not something we can handle on our end, and it is a blocker to implement our tax-loss harvesting algo.

[dannomayernotabot]

+1! Wealthfront centers a gigantic marketing campaign around TLH and claims they save 1.8% annually with their TLH algo https://www.wealthfront.com/tax-loss-harvesting

This is a huge deal!