|
can real estate capital gains off set stock losses?
Edwards Finance > Capital Gains
Q. I sold my house and have to pay short-term capital gain taxes when I file. I also have some stocks that I want to sale at a loss to cover the short-term capital gains on the sell of the house. Can I do that? The reason for the stock sale is that I do not think my stocks will ever rebound. I just want to cut my stock losses and recoup what I can. Any thoughts??
A. -Sure, as long as you sell by 12/31. - Maybe I got bad tax advice, but I was under the impression that I could not sell a stock at a loss to cover real estate short-term capital gains. That's why I asked the question here. I believed that only real estate capital gains can only be off set another the sale of real estate at a loss. I'm glad you cleared that up for me.
Ask Edwards a Finance Question
Other Questions:
can real estate capital gains off set stock losses?
I sold my house and have to pay short-term capital gain taxes when I file. I also have some stocks that I want to sale at a loss to cover the short-term capital gains on the sell of the house. Can I do that? The reason for the stock sale is ...
How to minimize Capital Gains tax on Short Term and Long Term losses on stocks for this year and nextthis year was pretty bad for me and im trying to reduce the pain by taking advantage of offsetting my (potential) gains with my losses- both short term and long term. I have realised $6,000 Short Term Losses (STL) and $9,000 Long Term Losse...
Could someone tell me or direct me to a page that lists the percentages for short term capital gains? I know you pay a higher amount, but what is it, and what length constitutes a "short term"?Could someone tell me or direct me to a page that lists the percentages for short term capital gains? I know you pay a higher amount, but what is it, and what length constitutes a "short term"?>Could someone tell me or direct me to a page that l...
Could someone tell me or direct me to a page that lists the percentages for short term capital gains? I know you pay a higher amount, but what is it, and what length constitutes a "short term"?Could someone tell me or direct me to a page that lists the percentages for short term capital gains? I know you pay a higher amount, but what is it, and what length constitutes a "short term"?>>Could someone tell me or direct me to a page that ...
1) Can long term capital gain offset short term capital loss or vis vers? 2) How long is long term capital gain (12 or 18 mos)?1) Can long term capital gain offset short term capital loss or vis vers? 2) How long is long term capital gain (12 or 18 mos)?> 1) Can long term capital gain offset short > term capital loss or vis vers? Capital losses off-set...
Ask a Question
About Us / Me
Contact Me
Privacy Policy
PFBlog
Google Finance
Yahoo Finance
Motley Fool
Nveille's Financial Blog
AllFinanceMatters
Free Money Finance
2MillionBlog
The Terror Finance blog
Architectural Engineering
Debt Consolidate
Student Loan
Bad Credit
Credit Report
Electrical Engineering
Repossess