Taz
Level 1

Proseries.  It just seems like I should be able to take these losses somehow. It was a rental property, but I had no choice in loosing it.  The hurricane wiped it out.  The insurance didn't cover it all, and then I had to sell it as is, because I had no money to fix it.  The FEMA money went to the mortgage loan on the rental.

I want to move it to schedule D and take the $3,000 a year income deduction.  At least I get something.  Can I do this, since I no longer have rental property at all?  And since the hurricane took my rental property away?

0 Cheers