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Updated almost 9 years ago,

Doug Whyte's profile image
Doug Whyte's profile image
Doug Whyte
  • Investor
  • from South San Francisco, California
  • Member since Mar 23, 2016
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Doug Whyte's profile image
Doug Whyte's profile image
Doug Whyte
  • Investor
  • from South San Francisco, California
  • Member since Mar 23, 2016
Connect
Doug Whyte
  • Investor
  • South San Francisco, CA
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6
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Tax, SDIRAs & Cost Segregation

Question on how to "write off" a loss

Doug Whyte
  • Investor
  • South San Francisco, CA
Posted

Hi!

A few years ago my wife and I invested in a Condo Development in BC Mexico.  Should have known better!  Anyway, nothing ever got built, I never got my unit, and the only thing that did happen was that the developer and my money went bye bye.

Does anyone know of a way to write off that loss so I can recoup some of it through income tax reductions?

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