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Author: mhtyler Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121061  
Subject: Capital Loss: What can I do with it? Date: 10/20/2003 1:35 PM
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I have an unusual asset: 300+k of long term capital loss. I entreated this board for advice earlier on how I could use it on a house to be gifted to me.

The advice was so good, that I'm avoiding all taxes (legally) while only using up 50k of my cap losses!

I can't help but think of my remaining capital losses as a kind of inverse asset. It sits there daring me to make money.

Apart from the obvious, does anyone know of any good ways to use up capital losses to good benefit?

thx,

mark
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