tkrinjob
New Member

Deductions & credits

My father is in a very similar situation. Both parents passed away, leaving their home to their three children. Any money made from selling the home was split in thirds. They decided to sell the home through OpenDoor. OpenDoor estimated the value of the home at $325,000 and HUD was owed money, plus OpenDoor charged for repairs. Between the three siblings they only ended up receiving payments of $9,000-11,000. The 1099-S received from the title company lists $107,000 - 111,000 of gross income. That's clearly not what was actually received. What can they do to get this fixed?