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gyj0316
New Member

Can I deduct Eb-5 investment capital loss?

I invested to an domestic corporate in a Eb-5 program about several years ago, but the case has been denied. I filed a law suit to federal court and it takes couple years to get my initial investment back with a 100K loss (plus about 100K legal cost).

My question is, is this capital loss tax deductible? what about the legal cost I paid to get the money back? 

 

Thank you

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