Now that I think of it... if you had used this as an "investment", could you take it as a loss on your taxes? UPDATE: Checked with accountant, he's checking in

Now that I think of it... if you had used this as an "investment", could you take it as a loss on your taxes? UPDATE: Checked with accountant, he's checking into it more, but very likely that you could take it as a casualty/theft loss for 2014. Will update more later.