Investors & landlords

@Opus 17 

 

<< 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