Explore the 1,000’s of tax questions answered by professionals.

Back to list

QUESTION DETAIL 

Related User

Votes

My daughter is purchasing a home from my father. He is selling the home to her for $69,000, however he is listing it as $83,000 and giving her a gift of equity so she can have 20% down. Would he pay capital gains tax on $69,000 or $83,000?


ANSWER

-or-

The BIDaWIZ Team

 

 

  • Currently 4.6190/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
1547 Ans.