Epsic
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@AmeliesUncleThank you very much! That’s exactly what I was looking for!
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@TomD8Thanks, I’m planning to do that. However, there’s no gift involved here.
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@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.
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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...
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