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Investors & landlords
Yes, 15% of the GAIN amount is correct.
Calculating the gain will be complicated. How and when did your wife become an owner of the property with her brother? Has it always been a rental, and have your wife and her brother been taking depreciation?
Calculating the gain will be complicated. How and when did your wife become an owner of the property with her brother? Has it always been a rental, and have your wife and her brother been taking depreciation?
‎June 4, 2019
8:13 PM