Of course not. The $155k tuition is the loss. The $150k loan is just a sudden in... | Hacker News

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		ysavir on April 5, 2021 \| parent \| context \| favorite \| on: Netflix Made Record Profits in 2020, Paid a Tax Ra... Of course not. The $155k tuition is the loss. The $150k loan is just a sudden influx of money used to compensate for the investment losses, the same as a company receiving investment funding.

Schiendelman on April 5, 2021 [–]

It's not a loss - it's training. If the individual created a sole proprietorship it might be deductible, too.

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