I bought a rental house in 2007 for $335,000. I had to sell it in 2014 for $295,000 and lost $40,000 of my investment. How do I list this on my tax return
How do I list a loss of income from a sale of rental property?
Go to the income tab >Investments > Capital gains > Tick the first box for sale of stocks bonds and capital property and then continue. Fill in the appropriate answers in the following pages.
