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Of course not. The $155k tuition is the loss. The $150k loan is just a sudden influx of money used to compensate for the investment losses, the same as a compan
by ysavir 6y ago
Of course not. The $155k tuition is the loss. The $150k loan is just a sudden influx of money used to compensate for the investment losses, the same as a company receiving investment funding.
- Schiendelman 6y agoIt's not a loss - it's training. If the individual created a sole proprietorship it might be deductible, too.