TaxMamas TaxQuips: Tax Quips
Lakefront Property
December 01, 2009
Today TaxMama hears from Carol in New York who tells us. “ I inherited lakefront property in 1999. I recently sold it for $60,000.00 and I am holding the mortgage with payments being made of $600.00/month. Do I have to report the sale; and how will taxe
Los Angeles, CA
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