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Posted On: 09/24/2018 5:13:07 PM
Post# of 29251
Tax write off 
Unfortunately, you can only write off like $5k or so of losses a year. Can't do it all as a lump sum, so if you lose $200k, it will take decades to write it all off, but if you would make 200k on that stock, you have to pay taxes on the whole thing. You gotta love government!
I am still expecting to make that 200k and then some yet on this stock!
Unfortunately, you can only write off like $5k or so of losses a year. Can't do it all as a lump sum, so if you lose $200k, it will take decades to write it all off, but if you would make 200k on that stock, you have to pay taxes on the whole thing. You gotta love government! I am still expecting to make that 200k and then some yet on this stock!
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