In 2013, Yousi has net short-term capital loss of $35,000. He has also realized a net long-term gain of $60,000 comprised of the following net gains and losses:$15,000 gain on the sale of coins held 3 years.

$25,000 gain on the sale of securities held 5 years.

$20,000 gain on the sale of realty (attributable to straight-line depreciation).

Which gains will the $35,000 net capital loss offset for 2013?

A.None; the losses cannot offset the gains

B.Gain from securities and realty

C.Gain from coins and securities

D.Gain from coins and realty

Answer rating: 100% (QA)

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