Solved
Selling an inherited home
Turbo tax is telling me that I can't take a loss on selling an inherited home because it is personal-use property. My mother died and left home to me, I never lived in it and it was sold (to a stranger) less than 2 months after her death. I thought that the fees involved in selling the home ( commission, title fees etc) would decrease the basis and create a capital loss but it doesn't do that in turbo tax premier. What am I doing wrong in the program or is my understanding of this incorrect?
