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Level 1
November 23, 2024
Question

I sold a rental house this year for a 50,000 gain but have lost 15,000 in the stock market. Does one counter act the other? Thanks

  • November 23, 2024
  • 1 reply
  • 10 views
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    Level 15
    November 23, 2024

    Your capital loss will be subtracted from your capital gain.