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Subject:  Re: Capital gains tax for an estate? Date:  7/5/2012  10:37 PM
Author:  TMFPMarti Number:  116399 of 131760

My mother died 4 years ago. We're finally selling her house in Texas, which is worth quite a bit more than when she died and one heck of a lot more than when she and my dad bought it. The house is still part of the estate, which has not yet been closed.

There's way too much missing from the post. For example, what's been going on for 4 years? How was title held? What returns has the estate filed? What did the will provide? What does the estate's lawyer say? What does the estate's accountant say?

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