I invested $25,000 with a medical research group in 2015. So far there is NO profit to declare. Can I use this investment as a "loss" and if so, how much per year?
I invested $25,000 with a medical research group in 2015. So far there is NO profit to declare. Can I use this investment as a "loss" and if so, how much per year?
Unfortunately, you will not be able to take a loss on this investment until the company is sold or dissolved. Investment losses are reported only when "realized" - another word for finalized.
I invested $25,000 with a medical research group in 2015. So far there is NO profit to declare. Can I use this investment as a "loss" and if so, how much per year?
Unfortunately, you will not be able to take a loss on this investment until the company is sold or dissolved. Investment losses are reported only when "realized" - another word for finalized.
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