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atcar5pff
New Member

Do I need to report the installment sale if I sell my house at a loss?

 
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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. 

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