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lose - allow to go out of sight; The detective lost the man he was shadowing after he had to stop at a red light 7. lose - fail to make money in a business; make a loss or fail to profit; I lost thousands of dollars on that bad investment!; The company turned a loss after the first year turn a loss break even - make neither profit nor loss
Loss.(p7) Loss is the excess of the adjusted basis over the amount realized for the property. See How to Figure Your Gain or Loss Worksheet, later, for steps you should follow to figure your gain or loss. The process is the same for single family homes, condominiums, mobile homes, and all other types of homes. If you have questions as you work through these step-by-step instructions, or want examples of costs that can and cannot be included, see Basis AdjustmentsâDetails and Exceptions, later.