fakhir
New Member

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.