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If inlaws gave us a house in 2011 worth $49K they bought in 1985 fo $13K. I sold the house this year for $56K. Do I pay capital gain tax for the amount over $49K or $13K?
rdburbank
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If inlaws gave us a house in 2011 worth $49K they bought in 1985 fo $13K. I sold the house this year for $56K. Do I pay capital gain tax for the amount over $49K or $13K?
Topics:
TurboTax Home & Biz Windows
‎June 6, 2019
8:27 AM
