Second Home Dedustion

I sold a boat i had been writing off as a second home. Can dedust the Brokers Fees for selling the boat and the loss I had. I still owed $50,000 and sold it for $30,000. A $20,000 loss.

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Answer #1: Posted by pellkiness on April 15th, 2013 3:12 PM

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pellkiness

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That would be a capital gains loss.

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