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-   -   Write off investment loss (https://www.askmehelpdesk.com/showthread.php?t=320512)

  • Feb 22, 2009, 07:56 AM
    StockLoser
    Write off investment loss
    I have $100K loss in stock investments. I know I can write off $3K per year on my income until I die. I want to purchase my parents home just say $100K and then resell it for $125K in 7 years. Can I write off $25K in profits against my investment loss?
  • Feb 22, 2009, 01:37 PM
    Five Rings

    Yes; capital loses are deductible from capital gains

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