We had purchased a Condo for her to use close to her military assignment, we sold the condo and took a $50000. lose on it when she retired, is this lost tax deductable?"

my wife retired from the military this year, we had purchased a Condo for her to use close to her military assignment, we sold the condo and took a $50000. lose on it when she retired, is this lost tax deductable?"

posted

No, a loss on personal property is not tax deductible.

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We had purchased a Condo for her to use close to her military assignment, we sold the condo and took a $50000. lose on it when she retired, is this lost tax deductable?"

We had purchased a Condo for her to use close to her military assignment, we sold the condo and took a $50000. lose on it when she retired, is this lost tax deductable?"

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We had purchased a Condo for her to use close to her military assignment, we sold the condo and took a $50000. lose on it when she retired, is this lost tax deductable?"

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We had purchased a Condo for her to use close to her military assignment, we sold the condo and took a $50000. lose on it when she retired, is this lost tax deductable?"

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