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raw land sale

Posted on: 08th Nov, 2009 07:35 am
my mother inherited some raw land from her mother.
I now have the land. The land has been in my family
for over 100yrs.. We are selling the land now. We have been paying taxes on this land as far back as I can
remember & I am 61 yrs old. How will the tax on the sale of thisland be treated?
Hi aw,

Your query has been answered on the following page:
http://www.mortgagefit.com/propertytransfer/landsale-capitalgains.html#133239 . However, if you have more queries, feel free to ask.
Posted on: 08th Nov, 2009 11:51 pm
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