My question involves real estate located in the State of: New York
My mothers house was given to me for 1$ about 25 years ago giving her life estate
I have power of attorney and she was placed in a nursing facility 2 years ago I am curious how I have to handle capital gains taxes from a 1099 I will receive from the profits
Thanks Scott
She is currently 92
My mothers house was given to me for 1$ about 25 years ago giving her life estate
I have power of attorney and she was placed in a nursing facility 2 years ago I am curious how I have to handle capital gains taxes from a 1099 I will receive from the profits
Thanks Scott
She is currently 92
Life Usage Salt
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