I’ll try and put it plainly, and hope you can help answer my question!
So I was gifted some stock a couple years ago. At the time, worth quite a bit, of money. Started as a penny stock. Even getting as high as life changing, unfortunately things happen, couldn’t get a broker to help me sel it, and I didn’t have the finances to go through all the legal procedures to get it to be sellable. And I’m in a better place financially to get a broker for it, but it’s considerably not worth as much.
That’s the background, would it be worth it to sell it now, at a loss for tax purposes, or even could I do that? Just stinks about what happened but life goes on.
Any help is appreciated, Thanks in advance H
[link] [comments] https://www.reddit.com/r/stocks/comments/13e58u3/gifted_stock_selling_at_a_loss/
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