3min chapter

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[Podcast] Here’s why taxes impact your investing decisions

Capitalmind Podcast

CHAPTER

How to Offset Capital Losses When a Startup Goes Bust

When a startup goes bust basically the founders have are done with it people are vanished it's a dead company you may continue to own shares now. You can then claim the amount as a capital loss and that loss can be offset against anything else  that may be debt fund gains or something else which is in the same thing remember of course long-term capital losses can only be offset against long- term capital gains so you need long-termCapital gains to be able to offset. If i keep on selling units of an AIF i try to sell the AIF to multiple people i cannot just issue them new shares or make them new partners in LLP because it requires all the existing partners or

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