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    Lmay10's Avatar
    Lmay10 Posts: 1, Reputation: 1
    New Member
     
    #1

    Aug 24, 2007, 06:44 AM
    Property Taxes on Property sold for estate settlement.
    We have sold property in Indiana that will be part of and estate settlement. The property sold for less than $100,000. The money from this property will be divided between the 6 children. What taxes will be owed for the sale of this property?
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
     
    #2

    Aug 24, 2007, 06:51 AM
    Inheritance tax or Property tax? Property taxes is what ever was due at the time of sale.

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