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Wendy Reed
Wendy Reed, Enrolled Agent
Category: Tax
Satisfied Customers: 3346
Experience:  15+ years tax preparation and tax advice.
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We owned a home in a different state, which was vacant for

Resolved Question:

We owned a home in a different state, which was vacant for all of 2010, and we sold it in 2010. Can we claim the loss we took on the sale since it was not our primary residence? The home had been vacant since September of 2008.
Submitted: 5 years ago.
Category: Tax
Expert:  Wendy Reed replied 5 years ago.

Thank you for giving me the opportunity to assist you. I will give the best answer that I can with the information provided.


Hello there,

If the home was merely a second residence (not a rental or business property)--then unfortunately it is not eligible for a deductible loss because this is the rule for sale of personal use property.


You should still report the sale on Schedule D--but you cannot deduct the loss.





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