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June 4, 2019
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Tax Year 2016: I sold my house in 2016 for $133k but purchased it for $170k in 2007, can you not claim the loss?

  • June 4, 2019
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Best answer by kll

Unfortunately, you cannot claim a loss on a personal residence.  If it was a rental or investment property, you could claim the loss in that situation.

1 reply

kllAnswer
June 4, 2019

Unfortunately, you cannot claim a loss on a personal residence.  If it was a rental or investment property, you could claim the loss in that situation.