The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies


Subject:  Loss on real estate sale Date:  8/20/2000  9:21 PM
Author:  Pequottrail Number:  38920 of 129670

Real estate values in my area have declined dramatically. If I sell some buildings at a loss, what can I apply that loss against come tax time?
( I was thinking if I did manage to sell the property I could cash in some US Savings bonds and apply the loss against the interest earned on the bonds...but someone told me I couldn't do this.....can I, or can't I)
Any IRS publication where I can look this up?
Thanks for your help.
Copyright 1996-2019 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us