Jump to content

Is P1 a good investment?


fails at life
 Share

Recommended Posts

Then it is highly unfair to be charged a capital gain, you should be able to claim expenses if you must pay a gain.

 

You pay tax you must be able to claim expenses.

You don’t pay tax you can’t claim expenses and or losses, it is logical.

Explain that to the IRS and see how far you get... :lol:

(fwiw I completely agree)

Share this post


Link to post
Share on other sites

Then it is highly unfair to be charged a capital gain, you should be able to claim expenses if you must pay a gain.

 

You pay tax you must be able to claim expenses.

You don’t pay tax you can’t claim expenses and or losses, it is logical.

 

I've always thought this. Ridiculous to be taxed on the upside but not have the reduction with the downside. I guess we could all get dealers licenses though and most of us would have a nice loss each year.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
 Share

×
×
  • Create New...