Shares Transferred Between Accounts Creating Unrealized Gains
Our financial advisors moved three professionally managed accounts to Fidelity from a previous RIA. I completed all the transfers per Quicken's support article. When I ran our Income/Expense report for the month, it is showing a huge (incorrect) amount in Unrealized Gains. I dug into the transactions and it seems Quicken transfers "out" the unrealized gain from the original account (market less basis), but then records the entire market value of those same shares as a gain ("Shares Added") but doesn't account for the cost basis. Help!!