I’m not looking to walk, as my post above says, we sold at a good price. I am just curious about those that do walk and get nailed with a large 1099. Imagine the serious hit for a tax bill of $50k, $100k or even $250k, not to mention the massive hit to the economy and possible bailout of those people. wow.
See #100. CA Conservative says you would not be in IRS danger. Maybe I’m misinterpreting the IRS publication, as I suggested in #105 to CAC.