No one likes to lose money on their investments.
However, in some cases, it is unavoidable. If you are looking at some investment losers, though, you might consider how you can use them to your advantage.
Tax harvesting your losses allows you to get a deduction when you sell for less than you bought for. As you get close to the end of the year, and you begin planning to maximize your tax deductions, consider how your investments losses can reduce your tax liability:
Offset Capital Gains
[Read more…] about Investment Losses? Harvest them for a Tax Deduction
