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Day Trading Tax Treatment — capital gains on inherited property

Started by just_curious_dev_today · May 29, 2025 · 971 views · 9 replies
For informational purposes only. This is not legal advice. Laws vary by jurisdiction. Consult a qualified attorney for advice specific to your situation.
JC
just_curious_dev_today OP

Quick background on my situation — any input appreciated.

capital gains on inherited property. I've been dealing with this for about 16 weeks now and the situation isn't improving.

I have already tried to resolve this directly but got conflicting advice.

Has anyone been through something similar? What worked for you?

GL
GigWorker_LA

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

In my case, it took about 2-4 months to resolve. The key was hiring an attorney to send the initial letter.

CC
confused_contractor_CA

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

TL
Mod_TermsLaw Moderator

I've handled similar cases. Here's my take on the legal issues.

There are several legal theories that could apply here. The strongest is probably the relevant statute, which requires showing actionable.

You should consult with a local attorney who handles these cases. Many offer free initial consultations.

EA
EstatePlanner_AZ

I've dealt with this before.

What worked for me was escalating to a supervisor/manager. It took 1-3 months but was worth it.

HM
help_me_tenant_help

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

CS
confused_seller_FL

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.

WB
worried_business_owner_MA

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.

HM
help_me_renter_WA

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.

PJ
Paralegal_Jen

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

The biggest mistake people make in this situation is having everything documented. I'd recommend keeping a detailed timeline instead.

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