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Author Topic: I lost my motorbike to a payday loan. Can I deduct that on my taxes?  (Read 589 times)

ReggieRHillJr

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I lost my motorbike to a payday loan. Can I deduct that on my taxes?
« on: October 21, 2008, 05:54:10 am »
I live in Iowa. I couldn't repay my payday loan so the company took my motorbike instead. Can I deduct this loss on my income taxes?
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