In 2007, I purchased my first home for $152,500. Lived there for 10 years, then leased it for another 9 years. Recently sold for a pitiful $98,500. I’ll be filing taxes soon and was wondering if anyone had advise on how to maximize my return on this loss. I live in MO if that’s helpful. Thanks in advance.
Posted by GhOsT_wRiTeR_XVI
3 Comments
Speak w a CPA.
Sales tax on property varies by state, I paid extra on my last purchase because I did not ask the agent upfront.
post in r/tax and the like