You'll need to sign in or create an account to connect with an expert.
2nd home sold at a loss is not deductible.
So you would report the interest income only on the note.
2nd home sold at a loss is not deductible.
So you would report the interest income only on the note.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
RickyFl
Level 1
MakeMoreDave
Level 1
Mojo-6
New Member
amberplank
Level 1
Marg03
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.