Andrew Mykletun
Short term capital loss vs. long term capital loss
Hi BP members,I am looking to sell SFH houses with capital losses in the double digits if I sell them now (just the situation that I am currently in). I bought them less than 1 year ago and could sell them now and r...
Steve Sanderson
Ordinary vs Capital Losses
I'm currently reading The Book on Tax Strategies for the Savvy Real Estate Investor and reached the section about real estate losses. They mention that real estate losses are often times mistaken as a capital loss. In...
Nathan H.
Complicated Capital Loss/Gain Question for all of the tax wizzes on here
Hello BP!I'm trying to file 2022 (I know, I'm late) and I have a question on flexibility in deciding when I can use capital losses. I want to take advantage of the 0% LTCG rate up to 90k-ish MFJ + standard deduction, ...
Richard Cho
Capital Loss Offset & Carryover
I lost 1 million from real estate development investment. If I gained 300K from stock investment, would I be able to offset the capital loss? Also, If I gained another 700K next year, would I be able to offset the res...
Jesse Stremcha
Capital accounts and book losses
My partner and I are in the process of updating our LLC Operating Agreement. Our attorney is recommending a provision requiring that book losses be allocated to member capital accounts AND that members must then make...
Chris Breezy
First time tax loss harvesting. Please help
I make 100k salary. I have about 3k in taxable income from stocks and I’m trying to understand how much of my losses I should sell off.I know the irs limits your losses to 3k per tax year. So I’m my situation can I ta...
Trevor Dominique
Tax Advice - Selling Failed Investment for Loss
Hey BP,Reaching out to get some advice from a tax strategy standpoint. I currently have 13 units and am looking to aggressively grow my business over these next couple years. I have one property that was a complete fa...
Craig Lessler
Using Capital Losses to offset Depreciation Recapture & 1031
Regarding a future 1031 tax deferred exchange, I estimate $800K will need to be invested into replacement properties to continue to defer tax liability of all depreciation recapture and capital gain from the sale of a...
Ray S.
Offset capital gains with stock losses?
This year I got clobbered on some stock investments but am also considering selling a property that will have some gains. Can I offset the gains of the property with the stock losses?
Shawn Chase
Another Depreciation Recapture Question
I have been reading about depreciation recapture and understand it pretty well. However, there is one question I cant seem to find an answer to. Upon sale of a rental property I find that I have a capital loss. How...