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Posted by Benjamin Yazersky CPA on February 12, 2007, 12:42 am
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> I have never sold a house at a lose before. But this year
> my son has to move to another city for a job and sold his
> house at a lose. Q: Can he use the lose as a capital lose
> against his tax next year?
sale of a personal residence at a loss is not a deductible loss
___________________________________
<<< Benjamin Yazersky, CPA [NJ & NY] >>>
-----> real address on hobokeni or hobokenx <-----
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