That seems logical, but how about this: In the title company's closing settlement sheet we received, under "credits", there are these line items: Sale price of ...
I'm not clear on HOW to follow your suggestion to "reduce the basis of the property with the 2020 tax reimbursement." We had already paid the taxes; we were bei...
I made an error in describing our situation. The insurance for 2021 was paid in 2020. In 2021, the insurance company issued us a check, refunding the prorated p...
