Loss on residence sale

[Earl]

Clients moved from personal residence about 3 years ago. Was home for many years.
Sold home in December 2013 at a loss. Was not rented or used for any business p
purposes during the 2 year period it was idle. Just held the property waiting for
market value to increase.

ANy way to consider this as investment property allowing loss to be taken?

[Burke]

Not really. It was just awaiting sale on the market. Never rented, was personal residence.

[Earl]

Residence Sale

That is the way I felt. Thanks for your confirmation.