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I also bought a car for 1500 what are the taxes if any on
I also bought a car for 1500 what are the taxes if any on that? … read more
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I am a widow who's husband passed 6 years ago. Two years ago I found out we had $32K in unpaid taxes. I didn't know what to do and gave all my savings plus did a reverse mortgage to pay them. Now, my … read more
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My mom owns her home in southern Ca. for over 30 years. She
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My Mothers basis in her house is $100,0000. The FMV is $500,000.
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My brother is selling us our home. The value is 400k and ...
My brother is selling us our home. The value is 400k and he is selling it for $300k. Can he gift 12k to each of us? If he gifts us the 100k is he going to have to pay taxes on it? If he sells the hous… read more
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I live in a house my Mother owns, She has never lived in this house. I have lived here since she bought it 27 years ago. I know she can gift this h ouse to me and neither one of us would have to pay t… read more
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My mother has a reverse mortgage which totals $148,000. She needs to move into an assisted living facility and will require additional income beyond her pension to pay the monthly fee. I have my mothe… read more
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