I bought a second home in IL, but I worked and lived in CA.
The town house was bought on April 26 2017 and sold on March 25 2021. I never rent out the house or take any depreciation. There is no mortgage loan, I paid cash.
During this 4 years period, my son occupied about 3 years to study PHD program at University of Illinois at Chicago (UIC). I let him lived there free. He is an independent person. I didn't claim him as dependent on filing my income tax return either.
The house was sold at loss. I never use the townhouse for vacation or my own personal use. Will I able to file it as selling 2nd home so that I can write off the loss?
