@KrisD15 I was 18 in 2012 and self employed, and had not been self employed long enough to have the needed employment history, or had any credit to be able to have my name on the mortgage, so the bank at that time said to just do it in his name and add me to it at a later time.
We did have an agreement in writing to share the bills and mortgage and such.
He then moved out about 2017 and I transferred the utilities and such to my name, but still never changed the deed to my name.
Fast forward to 2021, I got married, wife moved in, we talked about needing to get the deed to our name(and that I should have taken care of it long ago) and then forgot about it till Oct 2023. Then 2024 we found a house unexpectedly that we loved and bought it and moved and then sold the previous home in sept 2024.
I'm fully expecting I probably need to pay capital gains tax on that now since I dragged my feet for far too long. But figured I should at least ask before I pay the big bill. And also wanted to clarify what the “acquired date” of the real estate sale would be.
