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Old 05-31-2007, 08:33 PM
Howard Treesong Howard Treesong is offline
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Join Date: Oct 2004
Location: Theoretically Indeterminable
Posts: 997
Default Re: Instant ruin: a lifetime of work down the drain due to 1 bad decis

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I got second in the PCA for 860k and moved the money through neteller on the way to my bank account. 800k is stuck. Hopefully it all works out, but if it doesn't I may not only be out nearly a mill, I'm probably still expected to pay taxes on it.

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I would consult tax counsel, if you haven't already. I would think you could get a deduction for this loss. Still, it's better than going ice fishing and falling in, no?
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