Just received the 1099-S from the sale of my home, the gross proceeds were $670K? Do I pay capital gains tax on $170K.
Look into 24 months out of 60 months rule for 500K exclusion. Good luck.
Los Angeles, CA
Tax Lawyer at Los Angeles, CA
Practice Areas: Tax, Federal Regulation
Look into 24 months out of 60 months rule for 500K exclusion. Good luck.
Seems like you could benefit from consuming an experienced attorney. Good luck.
There may be community property assets for you. Consult a probate attorney from Avvo's attorney list. Good luck
Consult an attorney ASAP. Trustee have a fiduciary duty. Good luck.
Your Florida trust could contain your California property. Ask your Florida trust attorney. Good luck.
Petition the court with assistance from an Avvo probate attorney. Good luck.
You as a beneficiary with suspicion about wrongdoing by interested siblings as trustees, should be able to obtain the financials and ask questions...
Bill as you described. Show total as income, and deduct all expenses you incur, including the ones you billed. Good luck. If you're concerned...
Write a certified letter with return signature required, and mail it to her last known address. Good luck.
An LLC is doesn't de what you described. Chances are you will do harm to yourself by trying to complete your own returns. Good luck.