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To: A_perfect_lady
Watch out for the tax bite. I’ve heard that when you sell a house and buy a cheaper one, you get screwed on taxes.

Can you elaborate on that? That can be interpreted several different ways.

By the IRS?
Inheritance laws?
By state laws?
Some other way?

126 posted on 03/06/2018 7:39:13 PM PST by publius911 (Am I pissed? You have NO idea...)
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To: publius911

IRS, from what I gathered. Like, the difference is taxed as income or something like that.


129 posted on 03/06/2018 9:43:25 PM PST by A_perfect_lady
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