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Old 11-14-2007, 11:12 AM
wtfsvi wtfsvi is offline
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Join Date: Feb 2005
Location: Norway
Posts: 2,532
Default Re: Real Estate Losses

[ QUOTE ]
Is there a fundamental reason why the government wouldn't allow losses for a primary residence after you have lived there for a specific amount of time?

[/ QUOTE ] It's connected to the fact that gain from your primary residence is exempt from taxes after you've lived there for the specific amount of time, I gather.
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