S
shaffer2124
Guest
What is the name of your state? Florida
My mother recently quit claimed the house to me for $100.00 and now I have to sell it. My question is do I have to pay taxes on everything over the 100.00 or is there a way around this. It is my primary residence now but I can not stay here because my husband does not want to give up his job that is 3 hours away. Is there a way I can sell it and put all the proceeds into a house where i live without being taxed. Please help me I am so lost and with out a clue
My mother recently quit claimed the house to me for $100.00 and now I have to sell it. My question is do I have to pay taxes on everything over the 100.00 or is there a way around this. It is my primary residence now but I can not stay here because my husband does not want to give up his job that is 3 hours away. Is there a way I can sell it and put all the proceeds into a house where i live without being taxed. Please help me I am so lost and with out a clue