Google Answers: tax advice

View Question

Q: tax advice ( No Answer, 0 Comments )

Question

Subject: tax advice
Category: Business and Money > Accounting
Asked by: qued-ga
List Price: $2.00

Posted: 03 Oct 2005 07:43 PDT
Expires: 02 Nov 2005 06:43 PST
Question ID: 575743

I have a home of great value with my son on the deed and I plan to
transfer it to him as sole owner. Am i repsonsible for the capital
gains on the house over the last 18yrs or will he have this problem.
It is in excess of .5 million gain. What is the applicable tax code?

Answer

There is no answer at this time.

Comments

There are no comments at this time.

Important Disclaimer: Answers and comments provided on Google Answers are general information, and are not intended to substitute for informed professional medical, psychiatric, psychological, tax, legal, investment, accounting, or other professional advice. Google does not endorse, and expressly disclaims liability for any product, manufacturer, distributor, service or service provider mentioned or any opinion expressed in answers or comments. Please read carefully the Google Answers Terms of Service.

If you feel that you have found inappropriate content, please let us know by emailing us at answers-support@google.com with the question ID listed above. Thank you.

Search Google Answers for

Google Home - Answers FAQ - Terms of Service - Privacy Policy