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Apr
01
Are there any tax breaks on selling investment property below market value?
Filed Under (Property Investment Advice) by admin
property investment
bahama_mama748 asked:


I have an investment property that I have been renting out for 2 years. The value of the property has plunged during this economic crisis. I must sell the property now below market value and will take a loss with no profit. Am I entitled to a tax break because of this

Kathy
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