Losankfer
Returning Member

Get your taxes done using TurboTax

a) My mother purchased the property 20 years ago, but it took her until 7 years ago to fully pay off the mortgage. At that time, the property was valued at around $17,000-$18,000.

b) It is located in Colombia.

c) Transferring $25,000 in that manner incurred only small fees, less than $10 in fees. I transferred USDC from Binance to Robinhood. If I had sent that money in a traditional way, there would have been significant fees for sending and paperwork.

d) She lives in the United States but has no income. She is 100% my responsibility, and I am taking care of her.