If you invest in a ranch, in okla how much of your investment do you get back on your taxes for the first year

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If you invest in a ranch, in okla how much of your investment do you get back on your taxes for the first year

2006-07-18 03:34:07 · 1 answers · asked by rose lover 1 in Business & Finance ➔ Investing

how do you get a loss?

2006-07-18 05:45:36 · update #1

1 answers

The Q doesn't make sense.

You don't get your investment back on taxes.....unless you mean taking a loss through the ranch and reporting it on your 1040 netting against wages?

A loss results when expenses exceed income.

2006-07-18 03:41:45 · answer #1 · answered by 3eleven 4 · 0⤊ 0⤋