Posted by John K. Haslach, CPA, MST on August 19, 2005 at 16:56:09:
Check out the IRS Pub 504 at:
Taxes Anyone? - Posted by Shari
Posted by Shari on August 18, 2005 at 12:35:59:
In a recent divorce settlement, my former spouse bought me out of my half of the marital home. I am in a temporary rental situation for 2 years. Do I have to pay income or capital gains tax on the money I recieved?