Find Senior Care (City or Zip)
✕
Join Now Log In
O
oletrble Asked April 2014

What is the best thing to do concerning taxes and getting the most out of that old home for later expenses down the road?

Moms has been in a assisted living in AZ for the last 7 months. It is time to sell her old home. Don't really need to sell for money.

1 Answer

Most
Helpful Newest
First Oldest
First
P
pamstegma Apr 2014
There is a one-time exclusion for the sale of a home, thank God and the IRS. See IRS publication 523 for details.
Helpful Answer (0)

ADVERTISEMENT

Recent Questions


Popular Questions


Related Questions

Ask a Question

Ask a Question Post Question
Subscribe to
Our Newsletter
Enter Your Email Sign Up