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tim t
tim t asked in Business & FinanceInvesting · 9 years ago

if someone were to invest in a small business how would that be a tax write off to them?

im trying to start my own business and asking relatives about possibly investing how would that be a tax write off for them

2 Answers

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  • ?
    Lv 7
    9 years ago
    Favorite Answer

    It is only a tax write off if your business does very poorly. I wouldn't stress that possibility.

  • Judy
    Lv 7
    9 years ago

    It is NOT a tax writeoff for them.

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