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    StockLoser's Avatar
    StockLoser Posts: 2, Reputation: 1
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    #1

    Feb 22, 2009, 07:56 AM
    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?
    Five Rings's Avatar
    Five Rings Posts: 459, Reputation: 7
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    #2

    Feb 22, 2009, 01:37 PM

    Yes; capital loses are deductible from capital gains

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