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Get your taxes done using TurboTax
If you sold your home as a loss without your expenses, then you do not need to add them. A personal loss is not deductible so making a bigger loss will not impact your taxes.
My opinion of whether your sale is an investment or personal sale is my opinion based on the limited facts you presented.
You can take a more aggressive tax positive and report it as an investment sale. Or you can speak with someone in your area to discuss the circumstances more fully.
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‎April 10, 2022
5:28 AM