nvoto
New Member

can I claim capital loss on sale of inherited property by TOD deed

I inherited a property via TOD deed on date of death 3/21/23, received a comparative market analysis at that time and held it as an investment property until date of putting it up for sale (5/4/23). I sold the property at a loss at the end of June 2023 upon comparison to the comparative market analysis. Can I claim a capital loss even if this was my mom's primary residence? thank you.