Comments on: Bankruptcy and Tax Deductions http://www.taxgirl.com/bankruptcy-and-tax-deductions/ Paying taxes is painful... but reading about them shouldn't be. Sun, 12 Feb 2012 17:55:29 +0000 hourly 1 http://wordpress.org/?v=3.1.3 By: mike http://www.taxgirl.com/bankruptcy-and-tax-deductions/comment-page-1/#comment-24400 mike Fri, 25 Feb 2011 05:45:03 +0000 http://www.taxgirl.com/?p=4279#comment-24400 I had to include a rental home in my chapter 13 bankruptcy and because the home was not making a profit was unable to keep it. There was approx. $30,000 equity in the home. Is there any tax deduction i can claim? I also had a timeshare that I had to let go and only had a balance of about $1,000 and a value of $9,000. Thanks I had to include a rental home in my chapter 13 bankruptcy and because the home was not making a profit was unable to keep it. There was approx. $30,000 equity in the home. Is there any tax deduction i can claim? I also had a timeshare that I had to let go and only had a balance of about $1,000 and a value of $9,000.

Thanks

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