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Tag: selling an inherited property new york

Tax consequences when selling a house I inherited in New York

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Inheriting a home can be a complex experience – a mix of handling valuable property and coping with the loss of a loved one. If you’re wondering what steps to take next, understanding the tax implications of selling an inherited property can greatly influence your decision. A knowledgeable tax professional can apply the tax laws … Continued
5 Tips for Siblings Dealing With Inherited Property in New York

5 Tips for Siblings Dealing With Inherited Property in New York

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Have you inherited property in New York? Regrettably, in the absence of careful consideration, one may unexpectedly find themselves navigating the complexities of inheriting their parents’ estate without a clear roadmap. Such a scenario can lead to a disorganized and tumultuous experience, as the division of their property among all children lacks proper preparation. Unfortunately, … Continued
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