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IRS Audit — capital gains on inherited property

Started by frustrated_business_owner_2023 · Aug 6, 2025 · 872 views · 5 replies
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
FB
frustrated_business_owner_2023 OP

I've been trying to resolve this on my own but I'm stuck.

capital gains on inherited property. I've been dealing with this for about 2 weeks now and the situation isn't improving.

I have already tried to resolve this directly but did not get a clear answer.

What are the risks if I pursue this? What's the likely timeline?

AC
anon_contractor_advice

I work in this industry and unfortunately this is very common. The good news is that when people actually push back with legal representation, companies usually settle.

VA
VCAnalyst_SF

Not a lawyer, but I have direct experience with this.

What worked for me was having everything documented. It took 3-6 months but was worth it.

ND
newbie_dev_CA

NAL, but from what I've read, you should file a complaint. That said, definitely get a lawyer to look at the specifics.

FD
frustrated_driver_help

This happened to me too. Have you tried filing a complaint with the relevant agency? In my case they investigated and it got resolved without needing a lawyer.

TL
Mod_TermsLaw Moderator

I specialize in this area of law. Here's my take on the legal issues.

The legal framework here involves both federal and state law. At the federal level, the relevant statute. Your state may provide additional protections.

Before taking legal action, consider sending a formal demand letter. In many cases, this alone resolves the issue.

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