What are the tax consequences of investing with Cable Car?

In general, Cable Car’s investments will result in reportable capital gains and dividend income. Tax statements are available each calendar year from the custodian. Clients should be aware that certain investment-related expenses, including Cable Car’s management fee, may not be tax deductible. To the extent practicable, Cable Car attempts to minimize the realization of net short-term capital gains in taxable accounts. Upon client request and on a best efforts basis only, Cable Car can make trades in client accounts designed to harvest tax losses or gains.

Cable Car is not qualified to provide tax advice; clients should consult a qualified tax professional with tax questions.

Posted in: Individual investors