Anil Rego |340 Answers |Ask -Follow
Financial Planner - Answered on May 31, 2021
If you bought a property; and its value is now lower than your purchase price, then there is not even an incidence of capital loss. A capital loss only arises when there is a sale of the property. In such case, there is no benefit you can get out of the lower market value of the property.
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