Hello, The property was transferred from my father to me a lot of years before I immigrated to USA. Also, I have not rented the house. I stay there when visit m...
Thank you very much for your help. My father bought the house in 1990. I assume due to the inflation, you cannot compare the purchase price from 33 years ago to...
Hello and thank you for your response.Actually I did not buy the house so I have no idea about the basis cost. My father gifted to me. My other question is do I...
