Originally Posted by Amnorix
I remember working on prospectuses to sell limited partnerships in oil well drilling investments. Apparently it had a great tax advantage or something...? That was 15 or so years ago and tax laws may have changed.
I've heard that dot-comers becoming limited partners in things like Houston real estate was fairly popular for the tax losses it would generate in the first few years.
Yeah, that would be ideal. "I need a company that will lose in order to offset my high gains."