Thanks
my mom did have a will which stated I was the executor and inherited everything with the exception of money she was giving her grandson.
the house was never in my name always in hers and was sold as part of the estate
as this point it’s too late to put anything into the estate account because when my mom died we gave the tenant a new lease and had her make the checks out to me. I deposited the checks and paid all expenses from that and other joint accts I had with my mom. There was no profit at all since we were collecting less than we were paying out.
i planned to report the sale of the home as part of the estate and the proceeds of the sale as an inheritance on schedule K on my personal 2022 taxes
i feel hiring a professional would be more work than anything but I may seek out speaking to someone to just ask questions.
i asked here because I wanted to understand the basics.
