Vanessa A
Expert Alumni

Deductions & credits

No, the sale of personal property cannot generate a loss.  So it does not matter how much you lost on it, since it is a second home, it is not deductible which is why TurboTax keeps changing it back to $0. 

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post