Here is my case. We are in Michigan. The house price were 500K, the current selling price is about 400K.If we rent it out now and sell it out next year at 410K, can we take tax loss?
Thanks!
Here is my case. We are in Michigan. The house price were 500K, the current selling price is about 400K.If we rent it out now and sell it out next year at 410K, can we take tax loss?
Thanks!
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