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Thank you for your reply. My client did share ownership, sorry I thought I had covered that. The appraisals that were filed in court show the full value of the ...
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The entire sale of the estate is under the WA DOR exclusion amount for estate tax - no body is low balling or conspiring.I feel a year is a little long to be as...
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Listen, my client is listed as a seller as well as the estate on the county records. However on the closing docs the entire property was sold via the estate and...
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She is identified as the personal rep of the estate. She is however the surving spouse. The IRS will get a 1099S in the name of the estate. ..For the sake of ar...
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The exclusion wipes out the gain. My client won't be paying tax on the sale. If I get audited I need to be able to produce documents to back up my numbers.