Hello,
I bought 2 years ago and fixed up to flip that my Mother co-signed on and is listed on the title. In 2020 I sold that home. I am sure of the following:
- My mother co-signed on the loan and was listed on the title.
- Can I claim the entire sale on my taxes, even if she is on the title?
- Do I treat this as a capital gain for tax purposes?
- Where do I report the sale?
- I am not in the business of flipping, I just wanted to try it and will not be doing this again.
