California  |  Tax Law

Legal Question

Asked on: 6/19/08, 3:26 am

taxes on sale

I just finished Probate with the intent to sell. Iv never lived in the home. Im selling it for the same ammount the estate was appraised for. Do I need to pay capital gain or sales tax ?? And how much, i know sales tax in CA. is 7.25 so is that what I have to pay?? The estate is under 250,000

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