In early 2014, Ben sold a yacht, held for 9 months and for pleasure, for a $5,000 gain. Concerned about offsetting the gain before year end, Ben is considering selling one of the following, each of which would yield a $5,000 loss: I. A houseboat used for recreation II. A truck used in a business III. A stock investment held for 13 months Evaluate each choice. Which is the best option for tax purposes? Why?

no copy and pasted stuff please.