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Deductions & credits
I am going to a CPA in the county where she lived. The trust has wording in it that says it was created to avoid taxes due to her heirs or something like that. We did have 2 real estate agents come in and in their estimation due to the amount of repairs needed they said the house was worth between $90k and 110k at the most. We sold it to a company for 140k. The county tax assessment has it assessed at 270k.
May 31, 2019
5:48 PM