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Income from sale of home with multiple owners
I am selling my home, and need to figure out what to do with the income from the sale. I will be using it to buy a new house ASAP, but haven't found that property yet, so need to put it in an account until I do. The complication is that my mother, father and I all own the house. If I put all the money (including theirs) into my savings account, will this be problematic tax-wise?
‎September 16, 2019
10:57 AM