Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Real Estate
Reply to "Recovering from a real estate mistake"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous]If you do sell at a loss and it is a capital loss, then it (slowly) can be deducted from your income when calculating Federal taxes. See a CPA or tax attorney for the details on this. [/quote] Wrong!!! A loss on the sale of a house is a personal loss and can’t offset other income or be carried forward. It is not the same as a capital loss on the sale of securities. Op - ignore this poster!!! [/quote] So rent the house for 2-3 years and that makes it a capital loss. Again, talk to a CPA or tax attorney.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
