topic Can earnest money lost in a real estate transaction where escrow did not close be deducted as a loss on my tax return? in Deductions & credits https://ttlc.intuit.com/community/tax-credits-deductions/discussion/can-earnest-money-lost-in-a-real-estate-transaction-where-escrow-did-not-close-be-deducted-as-a-loss/01/600895#M78600 Thu, 06 Jun 2019 05:35:15 GMT stevenbendes 2019-06-06T05:35:15Z Can earnest money lost in a real estate transaction where escrow did not close be deducted as a loss on my tax return? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/can-earnest-money-lost-in-a-real-estate-transaction-where-escrow-did-not-close-be-deducted-as-a-loss/01/600895#M78600 Thu, 06 Jun 2019 05:35:15 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/can-earnest-money-lost-in-a-real-estate-transaction-where-escrow-did-not-close-be-deducted-as-a-loss/01/600895#M78600 stevenbendes 2019-06-06T05:35:15Z Sorry, but if this was on real estate for a personal resi... https://ttlc.intuit.com/community/tax-credits-deductions/discussion/sorry-but-if-this-was-on-real-estate-for-a-personal-resi/01/600905#M78604 <P>Sorry, but if this was on real estate for a personal residence the lost deposit would not be deductible.&nbsp; In other situations such as rental or investment property, it may or may not be depending on whether you are actively involved in that business.<BR /></P> Thu, 06 Jun 2019 05:35:17 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/sorry-but-if-this-was-on-real-estate-for-a-personal-resi/01/600905#M78604 bwa 2019-06-06T05:35:17Z