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Nymeses

11/26/14 12:34 PM

#20871 RE: MonopolyGuy #20869

I believe over years you can write off your capital losses until they are complete, but I think there is s cap of $3,000 per year they allow you write off.
Not 100% sure on this, best to have a pro help when dealing with maximizing you deductions to get overall taxed as little as possible.