KrisD15
Expert Alumni

Investors & landlords

Maybe next year will be better. 

 

Yes, if you made 836 overall, that is all the loss you can use. This will zero out the Capital Gain for this tax year and also mean there is no tax on the 836. 

 

Going forward you can make a profit (Capital gain) each year and offset up to 3,000 of the gain every year until the loss is used up. 

 

More about Capital Gain and Losses

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