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asz15
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Can a loss from selling a vacation home substract from a capital gain from selling stocks

 
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Can a loss from selling a vacation home substract from a capital gain from selling stocks

No. Losses from personal property, such as a vacation home, are not deductible.  (Losses from investment property, such as rental property, would apply against other gains on schedule D.)

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Can a loss from selling a vacation home substract from a capital gain from selling stocks

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Can a loss from selling a vacation home substract from a capital gain from selling stocks

No. Losses from personal property, such as a vacation home, are not deductible.  (Losses from investment property, such as rental property, would apply against other gains on schedule D.)

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