Loss on selling your home
Varies
Can You Write Off Loss on Selling Your Home?
Short answer: No: a loss on selling your main home isn't deductible.
A loss on a rental or investment property can be.
Records to keep: Keep receipts, statements (1098, 1098-T, 1099, W-2G), and a note of what each cost was for. Compare itemizing to the 2026 standard deduction before you claim.
BW-B23-00468
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Loss on selling your home
Varies
Individuals / Personal Taxes
Other Expenses
Personal Tax Deductions
No: a loss on selling your main home isn't deductible.
BizWriteOffs provides educational information only and is not tax, legal, or accounting advice. Deductibility depends on your specific facts and records. Consult a qualified tax professional.
Business justification
No: a loss on selling your main home isn't deductible. A loss on a rental or investment property can be.
Category
- Personal Tax Deductions
personal deduction
search demand 2026 b23
home mortgage
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