My partner lost our savings from an investing scam. Our savings included capital gain from property

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RileyATO · Answer

Hi there ,   BabyShark0115 is right that there's no way to claim the capital loss from a crypto scam if the assets weren't linked to your name. Your partner might be able to claim a loss if they actually made a purchase and the assets were in their name. We've got some info about when you can claim a loss from a crypto scam (https://community.ato.gov.au/s/article/a079s0000009GmxAAE/crypto-and-your-taxes) on our article.   CGT does still need to be paid on the sale of your investment property.   We usually don't jump in and answer when someone else has already given a correct answer as we do like to encourage peer to peer discussion.

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