"What is the tax code for selling a rental property at a loss? I know that a primary residence loss is not tax deductible, but what about a rental that has been a rental for several year, say from the peak in 2004 / 2005 to now, so it's highest fmv was at purchase?"Start with IRS Pub 550 (Investment Income and Expenses - http://www.irs.gov/pub/irs-pdf/p550.pdf ) and IRS Pub 527 (Residential Rental Property http://www.irs.gov/pub/irs-pdf/p527.pdf )AJ
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