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    3. if i sold a rental property and sold it for less than i bought it can it be reported as a loss on my federal tax return
    if i sold a rental property and sold it for less than i bought it can it be reported as a loss on my federal tax return

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    0  Views: 270 Answers: 1 Posted: 13 years ago
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      If you have a fed. business ID #,  MAYBE


      If you are an individual you may qualify for a $3,000 a year income deduction until the full loss is recovered.

      13 years ago. Rating: 0
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