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If I sell my condo at a 50k loss then what I pay for it, will I have tax right offs I could spread out for several years?
There are no deductions of any kind for that type of loss. Or as the IRS says: Losses from the sale of personaluse property, such as your home or car, are not deductible. It is not…

eligible for the capital gains loss of up to $3,000 annually. For more information, see Publication 523, Selling Your Home


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