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Tag: Epping NH

If I Sell Inherited Property At A Loss, Do I Save Money On My Taxes?

September 12, 2018June 30, 2021IPS Cash

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...

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