G
goodcraic
Guest
What is the name of your state? California
Purchased a house with my EX-fiance 2 years ago. Relationship didn't work out. I moved out one year ago. He wants to buy me out of the house, but for less than I am due. He says that if I try to fight him on it, that he will not let me claim that I lived there for two years and therefore I would have to pay capital gains. The current law seems vague as far as "unforeseen circumstances" if we weren't married. Can I fight him about the equity or is he right. The monitary difference is about what I would have to pay the IRS for capital gains Can you give me a clarification on the law?
Purchased a house with my EX-fiance 2 years ago. Relationship didn't work out. I moved out one year ago. He wants to buy me out of the house, but for less than I am due. He says that if I try to fight him on it, that he will not let me claim that I lived there for two years and therefore I would have to pay capital gains. The current law seems vague as far as "unforeseen circumstances" if we weren't married. Can I fight him about the equity or is he right. The monitary difference is about what I would have to pay the IRS for capital gains Can you give me a clarification on the law?