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Updated over 5 years ago on . Most recent reply presented by

User Stats

70
Posts
17
Votes
Prashant Sheth
  • Rental Property Investor
17
Votes |
70
Posts

Offset investment sale with loss in diff business?

Prashant Sheth
  • Rental Property Investor
Posted

I am launching a platform portal and need to invest in the development costs. If I were to seek a property and use the proceeds to fund the startup, do I still have to pay capital gains or can the "losses" from the startup cost be used to negate that?

Thanks for your help in advance

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