I opened a small mobile ice cream business this year. I invested about $50k into a little
vintage van that will be the “scoop shop”… Earlier this year I also sold an investment property that I owned for 2 years, and the profit was close to $200k. I am self employed, so I’m curious if the $50k I invested in the startup of the ice cream business could be used to offset the tax burden from the sale of the investment property?
