Neutral impactCorporate Action
Sold a property at a loss? Can you offset it against gains from shares or mutual funds? What tax experts suggest to do
Mint 1 hr ago·22 Oct 2026, 2:50 pm
If you sold a property at a loss, you might be wondering if you can use that loss to lower your tax bill from other investments. The good news is that under current tax rules, you can offset a capital loss from a property against a capital gain from shares or mutual funds. This is a valuable strategy to reduce your overall tax liability.
However, there are specific conditions to keep in mind. The loss can only be offset against gains from the same financial year. If your property loss exceeds your gains, you can carry forward the remaining loss for up to eight years. This allows you to use it to offset future gains, provided you file your tax return on time and meet all other compliance requirements.
Excerpt from Mint
Sold a property at a loss? Income tax rules allow you to offset certain property losses against capital gains from shares and mutual funds. Know the rules for short-term and long-term losses, the eight-year carry-forward limit and key tax conditions. Selling a property at a loss can be financially disappointing,…Read the original at Mint
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