Tpd055
New Member

Capital Gain Tax

Hello.  I appreciate your efforts.  

I purchased a home in 1989, so my parents could live close to me to help care for my two young children, my parents are the only,people who resided there since I purchased the home.  Now,  they have both passed, and I am ready to sell the 1929’s model house.  I\since I never lived in the home how will this impact my tax burden?  And, how do I habdle that next year?

 

Thank you very much got your assistance.  It is greatly appreciated.

 

sincerely,

 

Rebecca Eubanks