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Investors & landlords
......I didn't think it was clear to him/her.
Yeah, the initial "I HAVE TO PAY TAXES ON THE COST BASIS " part might indicate that, or could indicate he was offended...but...he kept pointing to the cost basis $$ amount...as-if it was meaningful, and as-if he was getting taxed on it and thought he shouldn't be.
But that's a common problem with many posts...they are are rarely entirely clear as to what is going thru the poster's mind.
Yeah, the initial "I HAVE TO PAY TAXES ON THE COST BASIS " part might indicate that, or could indicate he was offended...but...he kept pointing to the cost basis $$ amount...as-if it was meaningful, and as-if he was getting taxed on it and thought he shouldn't be.
But that's a common problem with many posts...they are are rarely entirely clear as to what is going thru the poster's mind.
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
‎June 4, 2019
8:15 PM