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The Water Cooler
General Discussion
Any tax gurus in da house?
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<blockquote data-quote="Glock &#039;em down" data-source="post: 3421098" data-attributes="member: 684"><p>All this is, my parents estate (house and 10-15 acres) sold for $150K. I have two older brothers, so it will be split 3 ways. The three of us also agreed to give the new owner $2K each to pay for a new road, if needed (don't ask).</p><p></p><p>So I have roughly $45-$50K coming my way. There are no mineral rights or any thing else standing in the way. This Wednesday, a district judge will sign off on it and I'll receive a check.</p><p></p><p>I just didn't know if I would be facing any taxes or other hidden fees or charges when this is over.</p></blockquote><p></p>
[QUOTE="Glock 'em down, post: 3421098, member: 684"] All this is, my parents estate (house and 10-15 acres) sold for $150K. I have two older brothers, so it will be split 3 ways. The three of us also agreed to give the new owner $2K each to pay for a new road, if needed (don't ask). So I have roughly $45-$50K coming my way. There are no mineral rights or any thing else standing in the way. This Wednesday, a district judge will sign off on it and I'll receive a check. I just didn't know if I would be facing any taxes or other hidden fees or charges when this is over. [/QUOTE]
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