About nZenitram

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Re: Cost basis for home after gift of equity - Capital Gains

Ahh crap, I understand the vagueness here.I bought the house for $150k plus the gift of equity, and then sold it later.I am the buyer and the seller.I apologize...

nZenitram

1

Updated Oct 07, 2022
Re: Cost basis for home after gift of equity - Capital Gains

It was their primary residence for 35 years, built by the husband.

nZenitram

Updated Oct 07, 2022
Re: Cost basis for home after gift of equity - Capital Gains

The home sold for the Mortgage + Gift of Equity. $270k.

nZenitram

4

Updated Oct 07, 2022
Solved Re: Selling non-primary residence - Gift of equity/cost basis and ca...

Thank you.The estate component is handled. I was the mortgage holder.

nZenitram

Updated Oct 02, 2022

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Date Registered	‎October 1, 2022 12:58 PM
Date Last Visited	‎October 7, 2022 3:13 PM
Total Messages Posted	7

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