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Capital Gains Tax — capital gains on inherited property

Started by confused_worker_CO · Apr 13, 2022 · 2,959 views · 4 replies
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
CW
confused_worker_CO OP

Looking for advice on a legal issue. Here's what happened.

capital gains on inherited property. I've been dealing with this for about 12 weeks now and the situation isn't improving.

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

Am I overthinking this or is this a real legal issue worth pursuing?

TR
TruckerRights_OH

I've seen this play out several times in my field.

I ended up filing with the appropriate government agency, which cost about $4-8 but saved me a lot more in the long run.

AI
anon_investor_GA

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

EA
EstatePlanner_AZ

I went through almost the exact same thing.

The biggest mistake people make in this situation is filing with the appropriate government agency. I'd recommend gathering evidence first instead.

FT
first_time_trader_help

I had a similar issue and ended up consulting with an attorney. It was worth the $200-300 for the initial consultation just to understand my rights.

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