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Mar 31, 2016 ... If the house was sold for $1 million, even though it was originally purchased for $500,000, he would have to pay capital gains tax on $500,000. My two siblings and I inherited my mother's house, which remained vacant until we sold it at a loss (based on the appraised value). Are we able to claim a ... Sep 30, 2024 ... My name is ***** ***** I go by @Accountant_At_Work on this platform. I'm a UK-qualified Chartered Certified Accountant with over 15 years of ... And if you're the estate beneficiary, your mother's ownership is transferred to you upon her death without going through the probate process. That means you ... May 18, 2021 ... ) As my mother would say, Gretchen, “God love you, dear.” You've got ... They got to go through the White House. Not a joke. Nobody can ... Feb 12, 2025 ... I'm intrigued that darker colors are coming back. Colors can be regional and “Navy Blue” is popular in our area. The real name of this color ... Feb 21, 2021 ... Answer: Neither my sisters nor my mother is going to sell the house. Explanation: Explore all similar answers. By placing an order, you're purchasing a content license & agreeing to Kindle's Store Terms of Use. Sold by Simon and Schuster Digital Sales LLC. Price set by ... Oct 2, 2017 ... I have thrown open this backdoor more times that I can even count. The rooms look much larger when empty. Remember when my mother sold it? You ... Feb 2, 2024 ... ... selling our houses and pooling the money to buy a bigger house? My fear is if my mother eventually needs to go into a home, we'll have to sell ...