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    25000 Loss

    Opinion Please...couple Put 25,000 Down On A House By The Time The House Is Done Values Have Dropped The Builder Wont Refund The Money, Wont Apply To It To An Adjusted House Price The Sale Fails...can I Take As A Loss? If So Sch A Subject To 2%? Schedule D?...
    Last edited by DLSINWEST; 04-07-2008, 10:24 PM.

    #2
    Sounds like lost earnest money.

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      #3
      no deduction available?

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        #4
        No deduction available.

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