Re: capital losses

Ni, Co, Cu, PGM, Au Properties in Ontario Canada

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Wanderer5

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Re: capital losses

in response to

capital losses

mikeyman61

posted on Oct 20, 2008 08:11AM

Hi Mikeyman,

Capital losses work as the offset to capital gains. When you make $4500 - you then take off the $4500 you lost. Then you claim 50% of the net positive or loss and if there is more negative you can carry it over. The one rule is you can not buy for 30 days after you sell.

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