About Epsic

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Solved Re: Tax implications after home buyout

@AmeliesUncleThank you very much! That’s exactly what I was looking for!

Epsic

Updated Jul 20, 2023
Solved Re: Tax implications after home buyout

@TomD8Thanks, I’m planning to do that. However, there’s no gift involved here.

Epsic

Updated Jul 20, 2023
Solved Re: Tax implications after home buyout

@TomD8thank you. We already did appraisal and that part of the calculation. I just need to know how the basis would be calculated in a future sale of the house.

Epsic

2

Updated Jul 20, 2023
Solved Re: Tax implications after home buyout

Thank you for your reply. Here are the numbers: original purchase of $680k, we paid a down payment of 20% with our shared account (money of both of us), and app...

Epsic

6

Updated Jul 20, 2023

Activity Feed for Epsic

Got Cheered for Re: Tax implications after home buyout. ‎July 22, 2023 1:22 PM
Posted Re: Tax implications after home buyout on Business & farm. ‎July 20, 2023 10:13 PM
Posted Re: Tax implications after home buyout on Business & farm. ‎July 20, 2023 2:39 PM
Posted Re: Tax implications after home buyout on Business & farm. ‎July 20, 2023 9:59 AM
Posted Re: Tax implications after home buyout on Business & farm. ‎July 19, 2023 11:01 PM
Posted Tax implications after home buyout on Business & farm. ‎July 19, 2023 7:09 PM

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Date Registered	‎July 19, 2023 7:02 PM
Date Last Visited	‎July 21, 2023 1:33 AM
Total Messages Posted	5
Total Cheers Received	1

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