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Deductions & credits
I inherited it in 2007 (her half) when she passed. My name was put on the deed as joint owner when she bought it in 1976. I didn't know about the purchase until she had me start paying taxes in about 2003. The land was an investment lot in the Bahamas. She paid about 3600.00 in 1976 and I sold for about 20,xxx.xx xxxx.
May 31, 2019
6:23 PM