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Investors & landlords
<< I think you have advanced a hybrid position that if CC is used to purchase an investment, a loss is deductible. >>
not sure where I did that and if so was unintended....
trading CC for US currency is a trade, but not an investment, but it does close out the investment position on the CC.
If CC is used to purchase an investment doesn't create a loss; only the eventual sale of that investment creates a loss - I know you know that - just strugging with how I advanced a hybrid position, even unintentionally
thx
‎August 8, 2022
4:53 PM