TaxLossSelling

What to Watch This Week: Taxes, Imax, eBay and More

This week, holiday shoppers have turned into post-holiday exchangers. And while Main Street shops for sweaters in the right size, Wall Street has a few items to cross off of its "to do" list before New Year's Eve, too.

How to Take a Tax Loss When Property Values Fall

A reader named Sally bought a property that has since fallen in value. If she sells it for less than she paid, what effect will it have on her taxes? DailyFinance's Laura Rowley has the answer.