kzppffdd
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My mother retained a life estate in the house. My brother and I were listed on the deed as owners with her having the life estate. We both received a 1099S show...
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In our case the 1099 S shows only Gross Proceeds.
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same situation here, my mom held life estate and is still alive living with me and she received all funds being deposited in her savings. How is that treated.
Activity Feed for kzppffdd
- Posted Re: My husband and his brother were on the house there mother owned. when it sold the check was s... on Deductions & credits. March 3, 2020 7:43 PM
- Posted Re: My husband and his brother were on the house there mother owned. when it sold the check was split into two half to each brother. How do they file that? on Deductions & credits. March 3, 2020 3:53 PM
- Posted Re: My husband and his brother were on the house there mother owned. when it sold the check was split into two half to each brother. How do they file that? on Deductions & credits. March 3, 2020 3:50 PM