gtd
Jan 24, 2006, 03:57 PM
Hello all, I am new to this forum and have a question about Capital gain tax
I inherited a comercial property from my father in 1998. At the time of probate the property was valued at $150,000.00 I Have just accepted an offer to sell for $110,000.00 Do I owe Capital Gain Taxes?
I inherited a comercial property from my father in 1998. At the time of probate the property was valued at $150,000.00 I Have just accepted an offer to sell for $110,000.00 Do I owe Capital Gain Taxes?