Yes....we used last years(2008's)capital losses(in non-reg stocks)against gains claimed the previous 3 years by flipping properties. My understanding is that you can use losses to offset capital gains taxes going back 3 years max.
Thanks for the info. I have also confirmed with an accountant that I can claim capital losses from stock against investment real estate capital gains.
This is an older thread, you may not receive a response, and could be reviving an old thread. Please consider creating a new thread.
Related Threads
?
?
?
?
?
Canadian Money Forum
684.7K posts
166.2K members
Since 2009
A forum community dedicated to Canadian personal finance enthusiasts. Come join the discussion about investing, stock portfolios, equities, frugality, real estate, market trading, taxation, retirement, and more!