Can anything be done via income tax reporting to help when you take a loss on the sale of your home?

Bob Kozak
Bob Kozak
Both Buyer and Seller
46037

Thu Mar 19 2009, 15:49 - Home Selling in Canonsburg - 2 answers
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Terrence Charest
Terrence Charest
Agent
Willow Grove, PA

My thoughts would be that this would make perfect sense. But you need to know who we are talking about here. Talk to a tax professional.

Terrence Charest, e-Pro

Thu Mar 19 2009, 21:14
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Michael Hammond
Michael Hammond
Agent
30078
FIRST ANSWER

Bob, I would contact a tax professional in your area for an expert opinion, but my understanding is unless it is an investment property, the answer is no.

Thu Mar 19 2009, 16:00
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