FIFO

there is a provision in the tax bill that you will not be able to choose which lots you want to sell but will be required to use the FIFO method.

basically making you sell the lowest cost basis first and triggering mandatory taxes and killing tax loss harvesting

good idea or no?

Good for tax revenue, regularity, and making tax return simpler. Not good for people who don’t like to pay tax.

now this:

https://www.bloomberg.com/news/articles/2017-11-28/senate-tax-bill-sets-a-trapdoor-for-mlps