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Crypto Tax Question — capital gains on inherited property

Started by help_me_homeowner_TX · Jun 2, 2025 · 1,473 views · 14 replies
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
HM
help_me_homeowner_TX 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 9 weeks now and the situation isn't improving.

I have already consulted briefly with a lawyer but the other party is not cooperating.

Do I have a strong case? What should my next steps be?

SA
seeking_advice_buyer_FL

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.

NT
newbie_tenant_WA

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.

This is a common situation and the law is fairly clear. Under the relevant statute, actionable.

One important thing — there are strict deadlines for filing these claims. Don't wait too long.

FT
first_time_student_WA

Just want to point out — the statute of limitations might be a factor here. In some states it's as short as 1-2 years. Don't sit on this too long.

CT
CryptoTrader_2023

I've dealt with this before.

The biggest mistake people make in this situation is escalating to a supervisor/manager. I'd recommend following the formal complaint procedure instead.

TS
throwaway_student_2024

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.

EA
EstatePlanner_AZ

Been there. Here's what I learned.

What worked for me was filing with the appropriate government agency. It took 4-8 months but was worth it.

DI
desperate_investor_OH

Just want to point out — the statute of limitations might be a factor here. In some states it's as short as 1-2 years. Don't sit on this too long.

CA
CorpCounsel_Amy

I've dealt with this before.

I ended up having everything documented, which cost about $3-6 but saved me a lot more in the long run.

DF
desperate_freelancer_NY

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.

ES
eComm_Seller_2022

I've dealt with this before.

In my case, it took about 4-8 months to resolve. The key was filing with the appropriate government agency.

RE
RemoteWorker_EU

I've dealt with this before.

I ended up hiring an attorney to send the initial letter, which cost about $2-4 but saved me a lot more in the long run.

PJ
Paralegal_Jen

I went through almost the exact same thing.

In my case, it took about 3-6 months to resolve. The key was having everything documented.

FB
frustrated_buyer_OH

Have you tried reaching out to your state's bar association? They sometimes have free resources or mediation services.

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