Next year, if you have $5,000 of capital gain, you can use $5,000 of your loss carryover to offset this gain, and use the remaining $2,000 to offset ordinary income. Sometimes it makes sense to realize a capital loss on purpose so you can use it to offset ordinary income in future years.
Homefacts City Report. Ferndale is located in Lake County, FL. The population is 225. There are 0 public schools in Ferndale with an average Homefacts rating of NA. The total crime rate for Ferndale is very low, and there are 3 registered sex offenders residing in the city. Unemployment in Ferndale is moderate and the median home sales price is $0.
NAME: Lulu COUNTY: Columbia ROADS: 2WD GRID: 2 CLIMATE: Cold in Winter BEST TIME TO VISIT: Spring or Summer : COMMENTS: Small resident population of 295 people. Near Gainesville and Lake City. REMAINS: Many Abandoned Cracker Homes, General Stores, Lulu School, and the Gillen Family Cemetery. Lulu began when the Georgia Southern Florida Railroad came through the area and Robert Gillen, an original 1869 settler, convinced them to put a station there. The town was first named Hagen but mail got confused with another ghost town in Alachua County called Hague.