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?
01437
1 Best answer
PatriciaV
Expert Alumni
Jun 4, 2019 2:38:45 PM
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.
1 Replies
PatriciaV
Expert Alumni
Jun 4, 2019 2:38:45 PM
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.