Capital Gains Question
Please excuse me if this question sounds naive, but can capital gains in a real estate transaction be offset by capital losses made via the stock market?
Please excuse me if this question sounds naive, but can capital gains in a real estate transaction be offset by capital losses made via the stock market?
not directly. you cannot deduct a s/m loss from a re gain or a re loss from a s/m gain. they can be deducted but indepent of the other.......km