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Talked to lev wasn't sure I got the right answer. Is
Talked to lev wasn't sure I got the right answer. Is Massachusetts estate tax value of 1.2 million taxable on the whole amount not just the p … read more
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My brother and I inherited farmland in NE in 2016 and sold
My brother and I inherited farmland in NE in 2016 and sold it in July, 2018. I am wondering what basis to use. My parents created a trust in 1995. They placed farmland my mother had inherited from her… read more
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I going to buy my father house for 750,000 with 225,00 gift of equity. does he have to pay capital gain on the 225,000 the appraisal value was 1,100,000… read more
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California Capital Gains Question - Tax professionals only.
California Capital Gains Question - Tax professionals only. Home purchased by parents in 1974 for $40K. The house was put in a trust with the only son as substitute Trustee. Both patents have passed. … read more
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hello, I have a capital gain tax issue question, couple of
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Lev
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I live in Georgia and my sister lives in California. We have
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jgordosea
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My mother is deceased and my father is instatutionlized with
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Megan C
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my parents have owned a home for 40 years. my father died
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Lev
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My mother formed an irrevocable Famity Trust when my father
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MY MOTHER PASSED AWOY IN JULY THIS YEAR. SHE HAD A LIVING TRUST
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My father passed away april 11 , my mother in home 40 yrs.,
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We inherited my father-in-laws home in Venice, CA approx 5
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My mother owns a house that she and my deceased father ...
My mother owns a house that she and my deceased father purchased in 1952 as investment property. She is now going to sell it, with a profit of approximately $445,000. She lives in Calif and the proper… read more
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Cost Basis of Real Estate divided between A/B subtrusts
Mom and Dad created a classic A/B living trust under CA law in 1994 and put their major assets into it. Dad died in 1997 and the trust divided into the A and B subtrusts. The A subtrust, now irrevokab… read more
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I am the sole heir of a farm in Illinois that was owned by ...
I am the sole heir of a farm in Illinois that was owned by my Mother. The farm had an appreciated value of $250,000. It was placed in an irrevocable trust in 2002 at a value of $550,000. While still i… read more
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