Is losses from hard money lending deductible?

Question:
A friend loaned money to a real estate investor to rehab a house and now he's facing foreclosure on property he purchased.

Answers:
Hi,
I used "Credit Solution" to settle my debt and avoid foreclosure.They managed to reduce my debt up to 58%.It's legitimate.I came accross this company on NBC News Special Edition.Check it out here:
http://tighturl.com/60c

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well,if he just lent the money, maybe not-he'd have to talk to a CPA

This article contents is post by this website user, HiAnswer.com doesn't promise its accuracy.

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