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  • I have a $500,000 capital loss carry-over from CY 2000 ...

    I have a $500,000 capital loss carry-over from CY 2000 on sale of stock. This year I am considering selling my second home (which I have been using as rental property) at a very substantial capital...

  • s corporation: major losses, theft does both partners

    s corporation: major losses, theft does both partners have to file personal tax forms for what little they made? does a 1099 have to be made up for that? losses on corp. form or...

  • oil exploration losses

    If a company goes bankcrupt with invested funds from me for oil and gas exploration, how do I claim the loss? I have already taken the intangible costs on my tax return in 2002. Can i still deduct...

  • Fire loss

    We lost our home in the California fires 18 months ago. Everything was a total loss. We recieved a settlement from the insurance company for the policy limit on contents but our...

  • Because of medical problems and a loss of employment I am ...

    Because of medical problems and a loss of employment I am going to lose my home. What can I write off as a loss. If I can write off what I added to my home such as siding can I deduct my labor...

  • business loss

    if you borrow money from your company to pay your mortgage, and you lose the house to divorce problems, can you write off the loss to your business?

  • Personal Loss

    Can the loss between the amount still owed on the bank loan for my personal car and the price the vehicle is SOLD to another individual be deducted from my income tax? For example, I owed $23,000 on...

  • Loss on Investment

    Need tax advice on how to report loss on Investment in Security. Initially I had invested in Senior Collateralized Notes. However, when the company started having financial trouble they converted...

  • Where to enter Capital Loss

    If we have a limited partnership setup for our trading business, where do I enter all the individual trades (resulting in a capital gain/loss for the year) in form 1065. How does that information...

  • Loss on sale of property

    sold house in 2004, lived in house less than a year, made no profit off house and had to pay $1000.00 at closing just to get out of house due to having to move, will this hurt for taxes this year, in...

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