Take Special Care If Lending To A Relative

Cincinnati.Com - All Business News, Cincinnati Enquirer: Business
Wed, 03/05/2014 - 6:07pm

QUESTION: I have a service business here in Cincinnati. I loaned my brother money to start a business a few years ago. Unfortunately, the business did not work out and it looks as if I will not get repaid the loan. Where do I deduct this on my tax return?

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Take Special Care If Lending To A Relative

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