Welcome Guest. Register Now!  


For 2014 Tax Tips For Year 2014.


 
 
LinkBack Thread Tools Search this Thread Display Modes
Prev Previous Post   Next Post Next
  #1 (permalink)  
Old 09-03-2015, 10:11 PM
Junior Member
 
Join Date: Sep 2015
Posts: 2
Recaptured Real Estate Depreciation offset by Stock Capital Losses??

I sold a rental property this year providing a $175k total gain, of which $150k is recaptured depreciation and & 25k is long term capital gains. In addition to the $25k of long term capital gains, can I use short term equity stock losses of $125k to offset any of the $150k in recaptured depreciation? I've seen mixed answers to this question online. Thanks in advance!



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
 



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Do K-1 Losses offset Short Term Capital Gains? jvc714 For 2014 1 11-26-2014 03:40 AM
Real estate professional offsetting Real Este losses against spouse's W-2 income MRAMANNA Rental Real-Estate 2 03-08-2009 01:49 PM
When can an Individual offset real estate losses against other income? Mandy Rental Real-Estate 0 01-06-2009 11:16 PM
Will Capital Losses on investment property be offset against Gains from Stock trades? Tanya Capital Gains 0 11-05-2007 11:24 AM
Offset Capital Losses with Rental Income yhanalla Capital Gains 1 01-26-2007 11:31 AM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning
 
 
 

» Recent Tax Q&A
No Threads to Display.