My home was foreclosed an I lost my equity of 117,145.93. Is it possible to deduct this loss ?

69chewy69 · ‎June 4, 2019

AlanT · ‎June 4, 2019

Unfortunately, you cannot deduct a loss from the sale or disposition of your personal real property.

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

xmasbaby0 · ‎June 4, 2019

https://ttlc.intuit.com/questions/1899168-what-do-i-do-with-form-1099-a

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

My home was foreclosed an I lost my equity of 117,145.93. Is it possible to deduct this loss ?

Deductions & credits

Deductions & credits