Capital Gains and Losses

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My mother died in 2008 ,left me and my sister her house .I
my mother died in 2008 ,left me and my sister her house .I lived in it until we sold july 2017.I received $852932. I then gave my sister a check for$407413.00 which was her half less money she owed me… read more
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My sister and I together with my two brothers inherited property (a 3 family house) owned by my Mother. When my sister filed a tax return one of the … read more
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My mother passed away without a will and her estate is going through probate. She has 3 properties in California. I live in Tennessee and am wondering what are the tax implications of my inheritance, … read more
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i have a real estate property that I'm looking to use to form a lcc with my mother (currently a rental property, she intends to live there and pay off the remaining mortgage of $140k, house appraised … read more
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emc011075
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I live in Rhode Island and so did my 91 year old Mother. She
I live in Rhode Island and so did my 91 year old Mother. She just sold her home in May. My name as well as my brothers, sisters and of course my Mothers name was on the deed at the time of the sale. M… read more
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a brother and sister inherited a home together. The sister lived in it rent free for four years. They sell the house and there is a $450,00 gain on the property, which means the sister, who is living … read more
Robin D.
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When my father passed away, my brother and I divided a
When my father passed away, my brother and I divided a $500,000 estate equally per the terms of the will. My brother received his half in cash. I received my half in a house and cash. My husband is a … read more
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My parents purchased a 3 family house on "L" St in South Boston
My parents purchased a 3 family house on "L" St in South Boston in the early 1950's for $20,000. My mother signed it over to my sister by a Quitclaim deed in 1984. My mother died in in 1998. My brothe… read more
Stephen G.
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If I am selling a home that was financed in my mother's name
If I am selling a home that was financed in my mother's name but I paid all the mortgage payments and etc, and she passed away 10 years ago and I have been renting it to a friend and his wife who are … read more
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I bought my mother's home when she passed (bought out 3 brothers),
I bought my mother's home when she passed (bought out 3 brothers), and my sister lived there for four years. It is not my primary residence but I was only one on deed. I am selling it now, and will ma… read more
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My mother is 98 years old, has dementia, and is living in a
My mother is 98 years old, has dementia, and is living in a rural Colorado skilled nursing facility. She has social security, some help from a long-term care policy, and is self-paying due to the sale… read more
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I am 70 years old and have held title to my Mother's home in
I am 70 years old and have held title to my Mother's home in my name only . 15 years. I live in Arkansas & the house is located here also. Prior to that my brothers (2) and I had joint ownership. They… read more
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Hi my mother owns a home that has been handed down from her
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My elderly Mum passed away in June this year..She had a house in South Australia in which needs to be sold & split amoung 4 siblings..my "Q" is My elder sister has always lived with my Mum & is to rec… read more
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I own a home with 3 sisters, and we keep it open year round and use it as we wish. However, my other residence with my husband is a rental. My drivers license etc. is at my rental address. The house b… read more
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My Dad passed away 6 years ago and left 5 acre property with house. Will specifies my sister is to receive 1 acre and house, and my brother and I are to split the remaining property upon sale. We will… read more
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i jointly bought my parents home with them whilst living with
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