Skip to main content
Level 1
June 4, 2019
Question

I lived in my old home for 1 year, then moved out, purchased & moved into a new home as my sole residence. Sold old home 4 months later. Can I claim a capital loss on it?

  • June 4, 2019
  • 1 reply
  • 0 views
No text available

1 reply

DoninGA
Level 15
Level 15
June 4, 2019

The loss on the sale of a personal residence is not reported on nor deductible on a federal tax return.