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How do you calculate the capital gains tax on a sold property that was inherited?
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Tax on inherited property sold abroad
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Do I pay tax on inherited property sold?
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My brothers and I (4 of us) each inherited equal portions of my mother's house when she died. We sold the house shortly after the estate was settled and each of us received ~ 18,000 (there was no mortgage). Now, I am aware that any gain is taxed as long term no matter how long we owned it, since it... View more questions Search
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