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Do I need to report the installment sale if I sell my house at a loss?
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posted
June 6, 2019
10:07 AM
last updated
June 06, 2019
10:07 AM
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Do I need to report the installment sale if I sell my house at a loss?
If this is your personal residence that doesn't qualify as an exclusion then you must report the sale however a loss cannot be entered on a form 6252 it is reported in full in the year of sale even if you receive payments in multiple tax years.
June 6, 2019
10:07 AM
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