I have sold my house with a loss. Is this loss tax deductible?
Article ID: 86 | Last Updated: Sun, Nov 27, 2011 at 11:19 PM
If you sell your house with a loss, this loss is not tax deductible. On the other hand, if you sell the house with a profit this profit is not taxable either (as long as it is not your 'business' to sell houses).