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Old 09-28-2005, 08:00 PM
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Phester Phester is offline
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Location: Encino, CA
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Quote:
Originally Posted by Chris F.
Thanks guys. Yes, I am actually looking at a loss. There is a 20k appreciation and then the 25k in improvements. To that end, I could write off the loss in taxes is that correct?

(I know I should consult my CPA, I'm just asking for general advice )

Chris
Nope, can't take the loss
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