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long-term loss

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Long-term loss
A loss on the sale of a capital asset held less than 12 months that can be used to offset a capital gain.

Long-Term Loss
A loss on a security one holds for longer than one year, or a loss from the sale of a capital asset. In both cases, a long-term loss may be used to offset a long-term gain in order to reduce one's tax liability for that year. Additionally, one may carry forward the first $3,000 of a long-term loss to a different tax year, giving one an even lower tax liability.

long-term loss

Losses on real property sold more than one year after purchase. Compare with long-term capital gains, which are profits earned on real property sold more than one year after purchase.Long-term losses must be deducted against long-term gains.



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There have been criticisms that he is now leaving at a time when the council faces its biggest shake-up since reorganisation in 1996 and the long-term loss of 750 jobs, but he said this should be taken on by someone who could see it through.
There was some compensation, but it didn't balance to long-term loss of business.
Where land banks are left unattended, there is a risk that others may gain rights which can block future developments and lead to a long-term loss of value.
 
 
 
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