Welcome Guest. Register Now!  



 
 
LinkBack Thread Tools Search this Thread Display Modes
Prev Previous Post   Next Post Next
  #1 (permalink)  
Old 12-06-2017, 04:45 PM
Junior Member
 
Join Date: Dec 2017
Posts: 1
Money after foreclosure sale

My parents old house sold at a county foreclosure sale for back taxes. After the Sale there was $145,000 left over that the county is giving back to my folks. They haven?t live in that house for close to 10 years. I am trying to determine if the will owe taxes on the money and if so, how much?



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
 


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Short Sale or Foreclosure of Residential Property justr8hr Rental Real-Estate 1 10-19-2013 11:34 AM
Bankruptcy, foreclosure trebor Filing Requirements 1 04-25-2013 01:38 AM
Foreclosure sale price onefatbunny Miscellaneous 1 02-02-2012 02:47 AM
IRS Is Taking My Money For My Money For My Dads Companies Taxes givemeabreak Limited Liability Company 1 07-24-2011 02:34 PM
foreclosure doubleddd2360 Limited Liability Company 0 02-08-2010 05:56 PM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning
 
 
 

» Recent Tax Q&A
No Threads to Display.