Property Sale
By individual
@individual (1)
November 26, 2006 10:03am CST
We have a friend who was gifted a property about 20 years ago. Until recently his mother still lived in it but now she is in a nursing home. He lives overseas permanently and has done for the past 40 years.If he decides to sell the property he is asking what wou;ld his capital gains tax liability be?
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