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Stephen G.
Stephen G., Financial Advisor
Category: Capital Gains and Losses
Satisfied Customers: 6182
Experience:  Senior Tax Expert; CPA/PFS(retired)Personal Financial Planner; Small Business & Professional Mergers & Acquisitions
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I bought investment real estate in 2002 and sold it in 2015

Customer Question

I bought investment real estate in 2002 and sold it in 2015 at a $5,000 loss.
The property was never rented. I claimed no income or expense during this time.
What form do I report this on as the IRS received a 1099S for the sell proceeds?
Submitted: 8 months ago.
Category: Capital Gains and Losses
Expert:  Stephen G. replied 8 months ago.
You report the transaction on Form 8949.Long Term Capital Loss.
Expert:  Stephen G. replied 7 months ago.
Just checking in.............Do you have any follow-up questions?If not, please remember to rate my response as that is the only way we receive credit for our work.Thanks very much,Steve g.

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