Skip to main content
September 20, 2024
Question

My gf and i sold a house at a loss.can one individual declare the losses on a sold house even though the losses were split between two people?

  • September 20, 2024
  • 1 reply
  • 0 views
No text available

1 reply

Employee
September 20, 2024

No one can claim (deduct) a loss on a house that was used strictly for personal purposes (i.e., as a personal residence).

 

Was the house that was sold used for business (e.g., rental) purposes?