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Get your taxes done using TurboTax
Yowza, big difference. This illustrates YMMV very well when deciding whether to Quit Claim Deed or not. My house I bought thirty years ago for $180,000; it'd sell for $450,000 now, still within the range of $500,000 capital gain exclusion for a married couple. There are a couple houses on my street where the adult children with their kids are now the occupants of the houses they grew up in; the public school a block a way is excellent.
‎April 11, 2022
5:20 PM