Southern_Transplant
Comic Relief
- Joined
- Nov 13, 2019
- Location
- Fayetteville, NC
So, normally if you have to claim a profit on an investment you can also claim losses. So, in any given year you could claim unrealized losses on stocks or real estate as well as paying taxes on the gains.
Let's see how long it would take market manipulators to find the loophole in this tax code...