Selling price was $207,000. She had a
reverse mortgage on it that was $170,000. After all, said and done with the
title company, city school taxes, real estate commissions, etc. I wound up with
only $2,951 in my pocket. How would I go filing this on my schedule D. Does the
inheritance tax that I paid (Live in PA) get claimed anywhere? I do my own
taxes since I own a home and have some company stock that I buy and sell, but I
have never dealt with this before.
