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To: DManA
How many people know that you can’t claim a capital loss on the sale of a house any more?

When could you?

33 posted on 03/06/2008 11:00:19 AM PST by Toddsterpatriot (Why are protectionists so bad at math?)
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To: Toddsterpatriot; DManA
"...you can’t claim a capital loss on the sale of a house any more..."

Sure you can.

On the freerepublic people can lay claim to anything they want; and with the IRS, gains and losses from property sales are reported on Schedule D.

36 posted on 03/06/2008 11:59:14 AM PST by expat_panama
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