rent property sale

I had to relocate to another state and was unable to sell my house in Maryland. I have it posted for rent (as well as for sale) for many weeks now but have had no renters yet. If I sell my house this year at a loss, will I be able to deduct this loss claiming it as a rental property, even if I had no renters?
I have contracted my real estate company to manage the rental and do the advertising etc.

Real Estate Professionals

Related articles:

  1. I have a house for sale and live in an apartment. Can I treat the house as a rental property for tax purposes I moved to TN and still own a townhouse in FL. It has been on the market for over a year. Can I deduct any part of the mortgage...
  2. Need detail on how to rent out property? My husband and i Live in TN right now, but plan to move back to NJ after the birth of our second daughter in March. We just bought a...
  3. What Rights Does A Tenant Have To Rented Property? Whether you are a landlord or a tenant, you need to know what rights a tenant gains by entering into a lease and paying rent. Below are some of...
  4. Quick House Sale : Prompt Solution for House Selling Needs Reasons might be numerous why someone wants to sell his house. You might suffers some severe financial loss, and are willing to sell your house. Likewise, if you are...
  5. Real Estate Buy Sell or Rent Properties Internet Our practice areas: Real Property, Buy and Sell Disputes Whether you are a buyer or seller, if you have a legitimate dispute with your counterpart in a real estate...

Tagged with: • • •

Filed under: rent property