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@fatherandrew It means the current paper gain/loss if the asset was sold right now.

Beyond tax awareness, it can help ensure awareness of the current position of the asset. If I bought something at $10k, didn’t track unrealized, it would still show at $10k

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  1. kraft Avatar
    kraft

    @fatherandrew But, if that asset on paper is actually worth $1k or $100k, you’d want to know that in terms of understanding the current financial health of the org.