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sale of investment property
I purchase a condo as investment property in Feb and sold it in Oct 2024 at a huge loss. I was not able to rent it out during the time I hold it. I put this into schedule D but was not able to get any deduction. Turbo tax said "It turns out you can't take a loss on your personal-use property" Can you advise where I should put this so that I can use the loss to offset my capital gain distribution from my mutual funds? thanks
March 20, 2025
9:04 PM