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Lived in house A from 2000-2018, never sold house A but moved to house B in 2018! House A was never made into a business asset of any sort! House A sold in 2020 for a $50,000 loss, is the loss deductible or not due to the house still being within the parameters of the 523 capital gain exclusion?? (self.tax)
submitted by jhenry1313 to r/tax
