taxguy057 Posted February 20, 2013 Report Posted February 20, 2013 I know IRS normally does not allow the deduction for sale of main home, but what are some instances where you can if there are any? I read thru pub 523 and didn't get any specifics on when or if you can outside showing the sale if form 1099s is issued and of course if investment property etc.... Quote
imjulier Posted February 20, 2013 Report Posted February 20, 2013 Never can you deduct the loss on a personal residence that I am aware of. 1 Quote
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