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All Forum Posts by: Merrick Hidalgo

Merrick Hidalgo has started 1 posts and replied 2 times.

Post: When to realize capital loss

Merrick HidalgoPosted
  • Posts 2
  • Votes 0

Thanks all, really appreciate the response.  

It was the Peak Housing Reit by the Peak Group for those interested.

Post: When to realize capital loss

Merrick HidalgoPosted
  • Posts 2
  • Votes 0

I invested in a private REIT a few years ago and it went poorly. They are returning 10% of the principal. It shows up in my online account, but they have not allowed access to the funds. If I get the money in 2025, could I then use the other 90% as a capital loss on that year's taxes? Is it possible to start to realize the loss on 2024 taxes?

Thanks