At HIGHLAND Financial Advisors, #taxefficiency is a cornerstone of our investment management strategy. We believe it's not just about what you make but what you keep. A key tactic we use is #taxlot identification in trading. This helps reduce realized #capitalgains, which are taxable when securities are sold. Each purchase creates a separate tax lot, allowing us to manage these lots to your benefit.
We use various methods like #FIFO (First In, First Out), Average Cost, Specific Share, and #LIFO (Last In, First Out) for different securities. By choosing the optimal method, such as Specific Share, we can significantly lower your tax liability, ensuring you keep more of your investment returns.
At HIGHLAND Financial Advisors, tax efficiency is a cornerstone of our investment management strategy. After all, it is not what you make but what you keep. One of the key strategies we use to achieve this is tax lot identification in our trading procedures. #financialadvisor #financialplanning
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Tax Lot Identification: It’s Not What You Make, It’s What You Keep | Highland Financial Advisors
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