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Claim loss on international investment property
Hi, I booked a condo outside of united states, which is being demolished by the government because of some corruption. It had proper permits and was constructed by a reputable builder. But, the local government changed, and now they found some corruption issues. I already have paid around 30K dollars, am wondering whether I can claim as a capital loss on my tax return. What documents would I need to prove the loss.
Thanks.
‎February 8, 2020
2:32 PM