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Investors & landlords
@rhodion wrote:Does each S100 of loss cancel $100 of gain so that the loss actually saves me $25 if the tax rate is 25%?
Yes, and the maximum long-term capital gains tax rate is 20% (but you also are in NIIT territory, so you need to add 3.8%).
‎July 5, 2022
6:22 PM
2,912 Views