Several years back I had purchased a "to be built apartment" in a future construction directly from the builder. Contract was signed and money wired.. Construction in Ukraine took awfully long time and before the completion the war broke out, the builder went bankrupt with all dire consequences.. For me it's a total loss, the question is there a way to declare it to offset current/future investment gains? On the form 4797 perhaps?
Ty.
I think you need to see a tax pro who can go over the situation including reviewing whatever written documents you have. There is too much we don't know and there are many possibilities including the proper year for the write-off if one is even available.
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