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loss from selling your home | Print |

Can I deduct the loss I suffered when I sold my Katy - West Houston area home?

The Internal Revenue Service currently does not allow deductions for losses on the sale of your own home. In fact there's no way to use a loss on the sale of your principal residence to your advantage on your income tax return.


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Last Updated ( Thursday, 04 September 2008 )
 
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Contact Information

Sanford & Seretha Sellers
Premier Realty of Texas
23930 Westheimer Parkway #120
Katy, Tx, 77494
Office: (281) 701-1573
Cell: (832) 814-8715
Fax: (281) 944-3933
SSellers@KatyDreamHomes.com
www.PRTexas.net
Lic. #: 0486459

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