I want to hear another statement from Tax expert regarding the sale of my second home in 2019.
I sold my second home in 2019 with a loss of $40,000 plus expenses including broker fees, closing fees.
This was no timeshare, nor any part of Airbnb. Can I claim as investment income for 2019?
Please answer asp. Your tax expert apparently told me during my tax return procedure that I
could not deduct the loss of my investment on Federal return. I had to pay franchise tax for the state of
California for the tax year 2015 for investment income as capital gain.
