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Mo Money Mo Money Mo

10/12/07 1:36 PM

#2559 RE: michguz #2558

I believe so.
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riksea

10/12/07 2:07 PM

#2560 RE: michguz #2558

I believe you can only write off $3000 per year, but can carry forward an unlimited amount-----I wrote some off 10 years later on capital gains on a land sale. Looks like we're in danger of losing our 15% tax on long term gains.