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- INVESTMENT INTO GROW OPERATION
INVESTMENT INTO GROW OPERATION
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juliejewels66
Level 1
04-14-2022
03:55 PM
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CLIENT INVESTED 42,000 IN A GROW OPERATION THAT LOST PERMITS GOES OUT OF BUSINESS CAN WE CLAIM THIS LOSS? IF SO, HOW?
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TaxGuyBill
Level 15
04-14-2022
04:31 PM
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You first need to find out what "invested" means for your client.
- Did the purchase a Partnership Interest in a Partnership?
- Did they buy shares in a Corporation?
- Did they LOAN money to the business?
- Something else?
