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If you recently bought it then you can't use indexation. Indexation ceased in 1999 so there is no further indexation after that date. Marg

No, the loss amount is carried forward as is. AND, once you get a capital gain, you deduct the loss BEFORE you do the 50% reduction for holding the asset for over 12 months. i.e., carrying forward a $100K loss years later you sell an asset you have held for 10 years and realise a...

Capital losses can only be offset against capital gains. Otherwise they are carried forward until a capital gain occurs, at which time they will offset the gain. Marg