Quote:
Originally Posted by w7imel
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He paid nearly as much as the loss the $72k buyer took when he tried to re-sell it in the 2018 REA, and it sold for only $42k. $30,000 loss.
Ouch.
Then the buyer at $42,000 took a $3,600 loss when it sold for $38,400 at HA.
On the bright side, I guess they could take advantage of some capital loss carryforwards?