loss from selling your home | Print |  E-mail

Can I deduct the loss I suffered when I sold my Jacksonville and Orange Park FL area home?

The Internal Revenue Service currently does not allow deductions for losses on the sale of your own home. In fact there's no way to use a loss on the sale of your principal residence to your advantage on your income tax return.


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Last Updated ( Thursday, 04 September 2008 )
 
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Kim Dove
Watson Realty Corp.
Office: (904) 962-8404
Cell: (904) 962-8404
Fax: (904) 212-0148
KimsellsJax@gmail.com
www.CallKimDove.com
Lic. #: SL3137324

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