Parents bought me a house that I have lived in and paid rent for 4 years. The house was a rental to them for tax help. House is now in my name (oct 06) and down payment was a gift. I am now selling the house and will make a profit.Will I pay capital gains
ANSWERS: 1
Sort by: Highest Rated
-
Depends on how long you have lived in the house and how it came to be in your name now. -
No comments
RELATED QUESTIONS
RELATED TOPICS
ABOUT ANSWERBAG
Answerbag wants to provide a service to people looking for answers and a good conversation. Ask away and we will do our best to answer or find someone who can.We try to vet our answers to get you the most acurate answers.
Copyright 2023, Wired Ivy, LLC

by