- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Co-borrower on property that was sold to buy a new property
My daughter owned a condo that I was a co-borrower on the mortgage. She owned for approximately 10 years. She sold the condo in 2021 and purchased a new home. I am not on the new mortgage. I received a 1099s for the capital gain of the property. I did not receive any funds or use any funds. They were all used in the purchase of her new home. How do I put this in my taxes? I should not have to claim any capital gains since I didn't get anything.
ā€ˇFebruary 23, 2022
4:30 PM