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Wallstreet Esq.
Wallstreet Esq., Tax Attorney
Category: Tax
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Experience:  10 years experience
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Just sold my parents house. What do I do wit the money to

Customer Question

Just sold my parents house. What do I do wit the money to avoid a lot of taxes ?
Submitted: 7 months ago.
Category: Tax
Expert:  PDtax replied 7 months ago.

Hi from Just Answer. I'mCustomer the answer depends on whose house it was, when they lived there and a few other facts. If you just inherited it, there are likely $0 taxes due, for example.

I need more background to tell you for sure.

Expert:  PDtax replied 7 months ago.

Hi again.Customeragain.

Please advise if you still need assistance.