Realized Loss
Realized Loss refers to the loss that occurs when an Asset is sold for less than its purchase price, resulting in a financial loss that is recognized in the accounting records. This loss is “realized” because the transaction has been completed, as opposed to an “unrealized loss,” which is based on current market values but has not yet been sold.
For example, if an investor buys Shares of a company at $100 each and later sells them for $70 each, the realized loss is $30 per Share. This loss is recognized on the investor’s financial statements, impacting their Taxable Income.
In another case, consider a real estate investor who purchases a property for $300,000. If the market declines and the property sells for $250,000, the realized loss is $50,000. This loss can potentially be used to offset Capital gains for tax purposes.