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Updated over 6 years ago on . Most recent reply

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Robert Seger
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Gifted Estate - Tax Question

Robert Seger
Posted
Recently, my aunt did a quitclaim deed to my name. She owns half the property along with a partner she had. My name is currently on the deed instead of hers and her partner has offered $15000 to buy my half out. Will i have to worry about being taxed or will I need a 1031 exchange? All answers and advise is appreciated!

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