Unfortunately, you cannot deduct a loss on the sale of your personal residence.
You are responsible for, and can deduct, the real estate taxes on your Illinois home that cover the time up to, but not including, the closing date of its sale. These are deductible by you even if the actual bill was paid by the new owners (due to the fact that Illinois property taxes are billed in arrears).
**Answers are correct to the best of my ability but do not constitute tax or legal advice.
