- Although there is a limit as to how much of a loss you can claim each year, in general, selling inherited property at a loss counts as a capital loss on Line 13 of your annual 1040. Heirs in Massachusetts and New Hampshire sell inherited property at a loss more often than you may think. […]" data-title="If I Sell Inherited Property At A Loss, Do I Save Money On My Taxes?" data-url="https://www.ipscash.com/if-i-sell-inherited-property-at-a-loss-do-i-save-money-on-my-taxes/" href="#">
If I Sell Inherited Property At A Loss, Do I Save Money On My Taxes?
Although there is a limit as to how much of a loss you can claim each year, in general, selling inherited property at a loss counts as a capital loss on Line 13 of your annual 1040. Heirs in [...]
