InvestorsHub Logo
Followers 3
Posts 82
Boards Moderated 0
Alias Born 03/21/2013

Re: es1 post# 149569

Friday, 10/09/2015 7:05:17 AM

Friday, October 09, 2015 7:05:17 AM

Post# of 165854

PS. There is no such thing as a good write off. If you had to pay taxes you made money that is only a good thing. A loss is never good.

If you have an asset or set of assets that generate an annual taxable capital gain, you can have another investment that is depreciating and can be sold in small batches at a loss. The offset taxes count as a gain at the bottom line and the idea is that at the end of the day the remaining portion of the depreciated asset pops back up and you make money.