My question involves real estate located in the State of: Virginia
My minor son inherited a fixer upper. While waiting my son to turn 18 I fixed it up to increase its value.
I worry that the taxes could be real high from selling it.
Would it be a good idea to move to fixer upper and sell a current house (living here since 2005) to reduce the taxes for selling a real estate?
Thank you.
My minor son inherited a fixer upper. While waiting my son to turn 18 I fixed it up to increase its value.
I worry that the taxes could be real high from selling it.
Would it be a good idea to move to fixer upper and sell a current house (living here since 2005) to reduce the taxes for selling a real estate?
Thank you.
What Would Be Taxes from Selling a Fixer Upper That My Minor Son Inherited
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