topic I sold my rental property but ended up losing $4000.00 on the sale because I had to pay that much to pay off my loan. Can I deduct that $4000.00 loss? in Investors & landlords https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/i-sold-my-rental-property-but-ended-up-losing-4000-00-on-the-sale-because-i-had-to-pay-that-much-to/01/711427#M31571 Thu, 06 Jun 2019 14:15:00 GMT kellyo 2019-06-06T14:15:00Z I sold my rental property but ended up losing $4000.00 on the sale because I had to pay that much to pay off my loan. Can I deduct that $4000.00 loss? https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/i-sold-my-rental-property-but-ended-up-losing-4000-00-on-the-sale-because-i-had-to-pay-that-much-to/01/711427#M31571 Thu, 06 Jun 2019 14:15:00 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/i-sold-my-rental-property-but-ended-up-losing-4000-00-on-the-sale-because-i-had-to-pay-that-much-to/01/711427#M31571 kellyo 2019-06-06T14:15:00Z No, you cannot deduct the $4,000. You didn't lose the mon... https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/no-you-cannot-deduct-the-4-000-you-didn-t-lose-the-mon/01/711432#M31572 <P>No, you cannot deduct the $4,000. You didn't lose the money, you just used it to pay off your debt.</P> Thu, 06 Jun 2019 14:15:02 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/no-you-cannot-deduct-the-4-000-you-didn-t-lose-the-mon/01/711432#M31572 LindaA 2019-06-06T14:15:02Z