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Investors & landlords
So I read your Answer as a “no” I cannot offset capital gains on stock as it’s not an active conduct of trade or business.
However since I retired at 55 (3 years ago) my sole income is buying and selling stock, the business I bought for for my wife in August. Could it then be interpreted to mean my active trade or business has been profiting off of stock sales?
November 1, 2019
11:28 AM