Thread: Economics Investments & Personal Finance
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Old 01-29-2013, 06:21 PM   #80
KC native KC native is offline
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Quote:
Originally Posted by Amnorix View Post
But what is the point of intentionally losing money for a tax advantage. You don't get a dollar for dollar reduction in your income taxes... For every dollar loss that offsets a dollar of income, you save, say, 40 or so cents in taxes. Why lose a buck to save 40 cents?

I never could quite follow that part of tax shelters, but obviously the math must work somehow since I guess people do intentionally do that kind of thing.
I'm not sure. The only people that are using LPs to intentionally lose money are really wealthy.
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