real estate tax federal

Real Estate Investment Short Sale Tax question?
Selling an investment property on a short sales but am required to sign a promisary note for the difference, approx $50k, am I amble to claim as a deduction on my federal taxes?
No.
The gain or loss is calculated on the difference between what you sold it for and what you bought it for. What you owe on it has no bearing.
St Paul|Real Estate| Buy|Houses|Federal Housing Tax Credit | Explained
|
|
Real Estate Tax Digest: Federal Income, Estate and Gift $99.99 |
|
|
The Real Estate Investor and the Federal Income Tax $8.99 |
|
|
Federal Estate and Gift Taxation in a Nutshell $24.50 Use this comprehensive guide as a course supplement or as a refresher for members of the bar. Expert commentary summarizes the law and offers critical evaluation on the essentials of estate, gift, and generation-skipping tax planning, and reform proposals and fundamental alternatives to the current transfer tax system. Additional chapters cover annuities; inclusion and valuation; exemptions and ex… |
|
|
Federal Income Taxation of Real Estate: Analysis and Tax-Planning Ideas … |
|
|
Federal taxation of foreign investment in U.S. real estate (Tax management portfolios) … |

