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I bought a fixer upper to live in with cash. I sold at a substantial loss after realizing excessive repair cost. Do I need to report purchase to IRS?
d-reese
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I bought a fixer upper to live in with cash. I sold at a substantial loss after realizing excessive repair cost. Do I need to report purchase to IRS?
Must I declare home purchase to IRS if I resold at a loss? House was to be primary residence.
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TurboTax Deluxe Online
‎April 7, 2025
8:51 AM
