If it were personal property, then no. If investment, then yes.
A loss on the sale or exchange of personal use property, including a capital loss on the sale of your home used by you as your personal residence at the time of sale, isn't deductible. Only losses associated with property used in a trade or business and investment property (for example, stocks) are deductible. LOSS
In addition to the link above, please see this LINK and its additional references.
