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Personal Finance and Investing

SheilaT

(23,156 posts)

10. Thank you for clarifying things, and thank you even more for being willing

Reply to politicat (Reply #9)

Sat Apr 26, 2014, 01:28 AM

Apr 2014

to share personal financial details.

It does seem as if you have a very good handle on what's going on. And even if you -- or she -- had to pay the maximum tax rate for the sale of the property, you will still be very far ahead of things, given how very much money the property is worth.

Good for you for being so very pro-active about this.

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Short-term access, long term strategies to fund assisted living and beyond -- where to start? [View all] politicat Apr 2014 OP

2 'answers.' elleng Apr 2014 #1

Thanks. politicat Apr 2014 #4

I would suggest talking with Sherman A1 Apr 2014 #2

Oh, dear. I'm my tax guy. politicat Apr 2014 #3

Well, Sherman A1 Apr 2014 #5

My first thought is this: lastlib Apr 2014 #6

Actually, no taxes on the profits. Thanks, GOP. politicat Apr 2014 #8

I also want to emphasize SheilaT Apr 2014 #7

If I don't sell, she'll be in devastating shape. politicat Apr 2014 #9

Thank you for clarifying things, and thank you even more for being willing SheilaT Apr 2014 #10