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Not sure if this is the right subreddit for this
I sold my business very successfully 20 years ago.
I tried starting another business 5 years ago and came up with a $3m loss.
I am too conservative in my passive investments and at this point cannot see how to “take advantage “ of that loss.
I came up the idea of buying a business(?) that has a $1m profit and pay $850k for it. Effectively splitting the tax savings with the seller.
Where would i find such a business. Or do you have any other ideas for me. Thanks.
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- 2 years ago
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