Property sales can sometimes result in capital losses due to various reasons. Taxpayers are allowed to set off such losses against capital gains. Both short-term and long-term losses can be carried forward for up to eight years. Full details here.
Property sales can sometimes result in capital losses due to various reasons. Taxpayers are allowed to set off such losses against capital gains. Both short-term and long-term losses can be carried forward for up to eight years. Full details here.
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