Agent

Living trust can’t lessen real estate taxes

Capital gain based on value between purchase, sale
Published on Dec 1, 2004

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by CareyBot

DEAR BOB: In 1994, my wife inherited a house from a living trust. We have lived in it since then. When we took possession, it was worth $350,000. Today, it is worth about $1 million. If we sell it today, ...

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