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I inherited a house (TOD deed from a sibling). I spent approx $30k for repairs etc. I netted 190k after mortgages paid. Do I have to pay tax on this gain?
rbink99
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I inherited a house (TOD deed from a sibling). I spent approx $30k for repairs etc. I netted 190k after mortgages paid. Do I have to pay tax on this gain?
Sale price $360k. Appraisal came in at value
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TurboTax Online
May 28, 2024
9:58 AM
