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Get your taxes done using TurboTax
Personal losses are not deductible.
- If you held the inherited home for investment purposes, the loss would be deductible.
- See What's the difference between investment property and personal-use property?
Yes, delete the information you entered and start over using these instructions: Where do I enter the sale of a second home, an inherited home, or land on my 2019 taxes?
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March 12, 2020
7:04 AM