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Updated about 6 years ago,
What is my tax loss good for?
Hey all,
2018 was my first year investing and I took a loss on my first property because there were repairs and upgrades I wanted to make. I’m taking a loss for 2018 and want to know what the loss is good for. I’ve heard I can’t use it against my w2 income but I do pay my property taxes monthly can I get a refund for already paid taxes? Thank you!