Recent content by mytuy5673

  1. M

    Help!!! Lowering Tax on Property Sale

    Can anyone help me. Here is my situation. My father bought a home (as investment) and I lived in it (paying the mortgage and bills) until he finally added me as partial owner. Then after 7 months, we agreed to sell the house. We incurred roughly $120K profit, of which I gave my father only $50K...
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