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Loss of Down Payment on Coop Contract

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N

nyc_coop

Junior Member
What is the name of your state?NYC, I had a coop real estate deal go south and when push came to shove they said I violated some of the contract. To make a long story short, I lost $16,000 of my down payment in the deal. Can I take this as a tax loss? Any advice is helpful.

Thx,

Rich
 


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