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bought and sold a house in 2019

I bought a house in 2019 and fixed it up and sold to my grandson in 2019. Where do I report this using Turbotax Deluxe?

2 Replies
Employee Tax Expert

bought and sold a house in 2019

Please read this TurboTax Help article on how to report the sale of a second home.

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Level 15

bought and sold a house in 2019

Did you make a profit on the sale? If not, you do not report it at all (unless the closing agent gave you a form 1099-S).  The loss on a sale to relatives is not deductible. 


If you did get a 1099-S, follow the instructions for sale of a 2nd home. The loss on the sale of a 2nd home is not deductible, whether sold to a relative or not.


For others reading this; "house flipping" is not usually treated as the sale of a 2nd home (sale to a relative is what makes this case different). See



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