I had my primary home in foreclosure in 2015. I found out from that 1099-A was issued in 2015. In 2016 the house was Sold - I did not get anything such as 1099-C yet. Is there a way to Take Loss on this primary residence
for ex. I bought it in 2004 at 205K + added Rennovations Basement etc = 10K = Cost basis = 220K. Bank Sold is for 170K - Can I take Losses on My
2016 Tax Return? The 1099-C shows 196K as FMV and Mortgage Debt as 146K. I appreciate your help.
Thank you