Solved
Loss on sale of home due to job move
anyone knows if there is exception to deduct loss on sale of home doe to job move?
I know there is two year exception rule for capital gain on sale of home due to job related move
This topic has been closed for replies.
Primary residence is a personal property, so losses are never allowed.
Such kind of losses are usually addressed through the employer's relocation policy or negotiated as a taxable reimbursement or lump sum instead, often with gross-up, although these are mostly subject to a retention clause.
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.
