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Tracy L. Coenen is WalletPop's Tax Expert and Fraud Expert

 

 

A:

To figure the capital gains on the house, you need to know its market value on the date of death. You may also have to figure in any insurance money you received on the house. Get those documents together and see a tax professional to help you.

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Tracy L. Coenen is WalletPop's tax expert and the author of Essentials of Corporate Fraud.

 

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