https://ttlc.intuit.com/community/tax-credits-deductions/discussion/i-m-selling-my-house-quickly-using-a-quit-claim-deed-how-do-i-figure-out-how-much-i-will-pay-in-tax/01/3122401#M299749 Extra details - It has not been my primary residence. When I purchased the home, the original seller also sold it to me using a quit claim deed, since it was a quick transfer. Tue, 10 Feb 2026 10:20:01 GMT jack-lopez14 2026-02-10T10:20:01Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/i-m-selling-my-house-quickly-using-a-quit-claim-deed-how-do-i-figure-out-how-much-i-will-pay-in-tax/01/3122401#M299749 Extra details - It has not been my primary residence. When I purchased the home, the original seller also sold it to me using a quit claim deed, since it was a quick transfer. Tue, 10 Feb 2026 10:20:01 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/i-m-selling-my-house-quickly-using-a-quit-claim-deed-how-do-i-figure-out-how-much-i-will-pay-in-tax/01/3122401#M299749 jack-lopez14 2026-02-10T10:20:01Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-i-m-selling-my-house-quickly-using-a-quit-claim-deed-how-do-i-figure-out-how-much-i-will-pay-in/01/3122415#M299750 <P>If you sell at a loss you will not pay any tax. But if the house was only for personal use, even though it was not your primary residence, you cannot claim the loss on your tax return. If it was for personal use, and you do not get a Form 1099-S for the sale, and you have a loss, you don't even have to report the sale on your tax return.</P> <P>&nbsp;</P> Wed, 03 Jan 2024 03:30:49 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-i-m-selling-my-house-quickly-using-a-quit-claim-deed-how-do-i-figure-out-how-much-i-will-pay-in/01/3122415#M299750 rjs 2024-01-03T03:30:49Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-i-m-selling-my-house-quickly-using-a-quit-claim-deed-how-do-i-figure-out-how-much-i-will-pay-in/01/3122472#M299754 <P>Since the home was sold at a loss and was always personal use during the time you owned it, there's nothing to report on your tax return. Losses on the sale of personal property are not deductible anyway.</P> <P>&nbsp;</P> Wed, 03 Jan 2024 13:46:14 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-i-m-selling-my-house-quickly-using-a-quit-claim-deed-how-do-i-figure-out-how-much-i-will-pay-in/01/3122472#M299754 Carl 2024-01-03T13:46:14Z