Yes, it's called a capital loss. A loss can be used to offset an equal amount of capital gain, or a small amount (up to $1500/year) of earned income. http://ww

Yes, it's called a capital loss. A loss can be used to offset an equal amount of capital gain, or a small amount (up to $1500/year) of earned income. http://www.irs.gov/uac/Ten-Important-Facts-About-Capital-Gains-and-Losses http://www.irs.gov/uac/Ten-Important-Facts-About-Capital-Gai...