Home Page link  

Capital loss on home office

 

Taxes General Forum - Tax professionals meeting place and answers to queries. (Moderated)

 Post an article  get this group's latest topics as an RSS feed add this group's latest topics to your My MSN content add this group's latest topics to your My Yahoo content  add this group's latest topics to your Google content  YahooMyWeb Yahoo!  Google Google  Windows Live Favorites Windows Live  del.icio.us del.icio.us  digg digg  Add to Netscape Netscape
Subject Author Date
Capital loss on home office groups 04-22-2007
Posted by groups on April 22, 2007, 2:11 pm
Please log in for more thread options
I am selling my home which is also my place of business.
Unfortunately it looks like it's going to be at a loss.
Does the home office allow me to deduct any of the losses?

Thanks.

<< ------------------------------------------------------- >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2006) - All rights reserved. >>
<< ------------------------------------------------------- >>

Similar ThreadsPosted
Paying taxes on home office depreciation... closing a home office (formerly self employed) December 8, 2006, 2:26 am
Home office deduction for use in a passive activity such as a second home February 25, 2007, 5:00 am
Home Office Expenses March 20, 2008, 6:33 pm
A different Home Office question April 17, 2006, 10:35 pm
Home Office Expense Deductions April 10, 2007, 9:47 am
Home office deduction at 2 homes March 11, 2008, 11:28 am
Home office: Depreciate or expense improvements December 20, 2006, 9:52 pm
Schedule C question: No Home Office Expenses April 16, 2007, 12:28 am
Is the upside of the home office worth the downside (if any)? February 14, 2008, 11:56 am
Deducting home office expenses for two residences March 12, 2008, 3:42 pm

Contact Us | Privacy Policy
This site is not affiliated with Intuit - makers of Quickbooks and Quicken software
This site is not affiliated with Sage Software - makers of Peachtree accounting software
XML SitemapXML Sitemap