Apparently he had an incompetent real estate agent.
Stu
Can this be claimed as a loss?
Jul 14, 2008
22 Replies
The OP stated his motive post-hoc. Each year several people back out of real estate purchases for various reasons and suffer personal losses. Will claiming it was rental property convert it into an investment loss?
Dick
If he can prove it was to be rental property, apparently yes.
Stu
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