Thinking about selling investments to claim a loss before year-end? Be careful.
Capital losses can only offset other investment income — not your regular business income. If you don’t have gains to offset, those losses could sit in a capital loss carryforward bucket for years.
Before selling any business interests, syndications, stocks, ETFs, or crypto, talk with your adviser. Make sure it’s a smart economic move — not just a tax move.
Get more year-end tax strategies at https://markjkohler.com/youtube
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