Absolute Realty Group, Inc.

195 Wekiva Springs Rd., #102
Longwood, FL 32779
Phone: (407) 673-1400
Fax : (407) 673-1401

Can I deduct the loss I suffered when I sold my home?


The IRS allows no deductions for losses on the sale of your own home. There’s no way to use a loss to your advantage on your income tax return. It won’t matter what type of misfortune you may have run into, write Edith Lank and Miriam Geisman in Your Home as a Tax Shelter, Dearborn Financial Publishing, Chicago; 1993.

Posted in: Tax Considerations (Check with your tax advisor)