I moved last year and changed my principle residence. I sold my old property at a loss, as this was not my principle residence, am I able to claim this loss?
I moved in with my husband after we got married and I made that my primary residence. We did NOT rent out the old property as it was listed for sale. When the sale finally completed it was at a loss that was not primary residence.
I moved last year and changed my principle residence. I sold my old property at a loss, as this was not my principle residence, am I able to claim this loss?
It doesn't seem like you can claim that as a loss, as the property actually was your principal residence for the duration of your stay (it was not investment or rental income property).
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