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I want to buy my mother's house. Will she have to pay any
I want to buy my mother's house. Will she have to pay any taxes if she sells it to us? … read more
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My mother has arevocable trust. Which includes her home. She
My mother has arevocable trust. Which includes her home. She wishes to sell her home and give me (son) the proceeds to purchase a larger home where she will live with me and my family. What are the ta… read more
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I think my question is more geared for a tax attorney, but
I think my question is more geared for a tax attorney, but here it goes. … read more
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My question is similar one you answered here: "My mother is
My question is similar one you answered here: "My mother is 74 and can make about 400,000." Here is the question: My Mom inherited a home along with her sister in 2013. The valuation at the time was 2… read more
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My mother is widowed. She will need to enter an ECF soon.
My mother is widowed. She will need to enter an ECF soon. Her house is in her children's name ( me & 2 sisters) She lives with me. Her assest include stocks totaling around 150,000 & an IRA 25,000 Can… read more
emc011075
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My mother in law is considering selling her home to us. We
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My mother-in-law is selling us her home. The home was built
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I and my mother live in WA state. My mother wants to gift me
I and my mother live in WA state. My mother wants to gift me 1/2 of her house right now, or else just put my name on the deed with hers, whichever is legal with the least tax implications. There is no… read more
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My mom just sold her condo in Puerto Rico. My name is on the
My mom just sold her condo in Puerto Rico. My name is XXXXX XXXXX deed and the check for the monies made from the sale which is approximatly 40,000. It was her primary residence but not mine. How mauc… read more
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My mother in law put my husband on her house title with her
My mother in law put my husband on her house title with her about 14 years ago just in case she had to go in a nursing home. She now has to sell the house as it is too much for her to handle. Even tho… read more
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My 87 yr old mother, in Wisconsin is planning on selling her
My 87 yr old mother, in Wisconsin is planning on selling her home on Lake Michigan that she built in 1980. I am guessing that they spent about 150k back then and the house is now worth about 700k. Her… read more
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My mother passed away over two years ago and we are getting
My mother passed away over two years ago and we are getting ready to put her house on the market. Before her death, she put one of my siblings on the title. Her will stipulated that the house proceeds… read more
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My mother in law wants to quit claim her property to my wife.
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My mother deeded her home to my two sisters and I in ...
My mother deeded her home to my two sisters and I in January of 2001. There was no money given for the home. My mother passed away in August of 2006. We cannot find where she paid any gift tax on the … read more
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if a home is sold by one sister for $34,000 after ...
if a home is sold by one sister for $34,000 after closing cost and realtor fees are taken out, and that $34,000 is divided equally be- tween four siblings, what if any taxes would be owed by the selle… read more
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My mom is 84 years old, has a house worth approximately ...
My mom is 84 years old, has a house worth approximately $260,000.00, she originally paid $29,000.00 for the house approximately 45 years ago. She has lived in an apartment for the last 5 years because… read more
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Me and my brother are currently the benefeciaries of a ...
Me and my brother are currently the benefeciaries of a trust fund which includes my mother's house - she is still alive. I wanted to know what taxes if any would have to be paid if we sold that house.… read more
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a Daughter gave $150,000 to her Mother to help the Mother ...
a Daughter gave $150,000 to her Mother to help the Mother buy a house. The Daughter kept her name on the title to the house to keep from paying taxes on the $150,000. Now 2years later the mother is th… read more
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