Do the āsell by priceā and āsell by dateā strategies occur at the same time?
In general I think itās good and I like de-risking. 20% in USDC (approx $1mil at the value in the document). Weād need to update the āsell by dateā timeline.
Thereās probably a few places to place the limit orders, but we should avoid 1inch and others that geofence US IP addresses since weāre a US LLC.
I second both @MaxRealEstate and @alexthims questions above. The plan assumes the price is going to be volatile enough by end of April 2022 to be able to able to sell at all those different levels, an unlikely scenario. We could sell some based on time and some based on price, but both at once puts the feasibility of this proposal in question.
Regarding taxes, selling the eth is a taxable event. The ācost basisā for the eth we hold I assume is calculated as the USD equivalent at the time each eth was acquired. Selling lower would be considered a capital loss and selling higher would be a gain. We should have a firm understanding of the tax implications and they should be outlined in this proposal before we proceed.
Regarding estimating taxes. Although it would be ideal to have an understanding of this, getting the cost basis for the trades I think would need a comprehensive look at the entire year so far and takes quite a bit of effort. Iām not saying because itās hard we shouldnāt do it.
For trades from eth > usdc Iām not sure what tax optimization we can do. Weāre trying to maximize the amount of usdc you get from eth. The more we maximize the more tax weāll have to pay. Iām not sure tax loss harvesting is a strategy here. Is there an alternative strategy or if you knew the taxes owed on these trades would it make a difference in how you execute?