It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Dear Phage, have you ever run a business?
To a certain degree, yes. Trump's operating loss was indeed fully deductible. But maybe you should read the OP. Because that is not what it is about.
In my experience, all capital investments, and capitol losses are tax deductible.