Skip to main content
March 5, 2025
Question

Can you use a loss incurred on a previous primary residence to offset a gain on the sale of your current residence?

  • March 5, 2025
  • 1 reply
  • 0 views
No text available

    1 reply

    DoninGA
    March 5, 2025

    The  loss on the sale of a personal residence is not reported on a tax return and cannot offset the gain on the sale of another personal residence.