 |
|
| Browse | Ask | Answer | Search | Join/Login |
|
|
||||
|
capital gains
I inherited farmland from my grandfather but it was a life estate for my mother first. Now that she has passed, when I sell this land do I pay capital gains on the value at my grandfather's death or my mother's death? My grandfather's death was before the unified transfer tax system.
|
||||
Originally Posted by greeny27
| Question Tools | Search this Question |
Add your answer here.
Check out some similar questions!
My mother is currently living with us,do to a fall. She wants to sell her house and move into assistant living, does she have to pay capital gains from the sale of her house? She is 78 years old
my 2 brothers and I inherited a house in1994, valued at 240,000. One brother is buying us other 2 out. It is now valued at 310,000. How much , if any capital gains tax will I owe?
Hi,this whisky4 again to clarify in previous post,s,I close dthe purchase of last house on 9/31/04,sold same on 5/31/06 just short of (2)years purchase price was 129,999,sales price was 425,000,did both sale&purchase in same escrow office,purchase price of next Ho use was 155,000 plus we have put...
My parents, residence of Florida (Father 70 retired/disability) (Mother 62 still working RN) are selling their personal residence after 12 years of ownership. They will become renters and live off the sale of the house along with retirement income for the rest of their lives. How do they avoid...
I'm in the process of selling my house and land which currently is in three different tax bills. I went through a divorce last year and one of my questions can I use the appraisal price that was used for me to own the house and land? Two pieces were combined as it was questionable if the sewer was...
View more questions Search
|
