J
JMBrasch
Guest
I purchased vacant land in a hot development that has cooled off in recent years. Origionally I thought I might build there, later I bought and built elsewhere and have kept this more as an investment. Now I would like to sell it but may have to take a loss to move it quick. Can I deduct the loss on my federal taxes, or at least use the loss to off set gains on the sale of securities?
Thanks
Thanks
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