Sold a house in 2017. no rent collected.Put majority of sale into a annuity. How do I report this?
If you sold an inherited house soon after the decedent died the basis is the value at the decedent's death so there would be no capital gain. If you did not get a 1099-S you would not have to report the sale.
Sold a house in 2017. no rent collected.Put majority of sale into a annuity. How do I report this?
If you sold an inherited house soon after the decedent died the basis is the value at the decedent's death so there would be no capital gain. If you did not get a 1099-S you would not have to report the sale.
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