acm4tax: Many thanks for your reply. Yes, he cannot sell the property because of the lien. Now, can I claim the amount $10K as a complete nonbusiness loss in my 2001 return. The person -- used to be a friend but without my knowledge is a professional fraud. I don't expect the amount to be paid at all. Let the property rot. Thanks again for your reply.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra