My mother in law sold a rental in 2019. The rental property had belonged to her mom until 2017-2018 when her mother transferred the home into my mother in law's name. The property had a tenant that wasn't paying and had to be evicted. The eviction also took place in 2019. After the eviction, we found out the home was in really bad shape, so the decision was made to sell quickly without improvements. The home sold for $18,000. I've been trying to research to determine what taxes are owed from the sell of this property and I haven't found a good resource. Any help/advice would be great.
Thanks
