Legal Question in Real Estate Law in Florida

Real Estate Tax

My brother needed my signature to refinance a mortgage and the agreement was that when the time came to sell the house, he would pay the capital gains. (My signature is solely on this loan.) The house has since been sold and he has received his $80,000 in capital gains. He has done nothing to pay the capital gain and this is now on my tax return. Are there any legal rights or documents I could have drawn up at this point to make him responsible for the capital gains as I am now I'm stuck with the tax bill.


Asked on 12/26/07, 2:34 pm

1 Answer from Attorneys
Stanley Miller Stanley M. Miller, P.A.

Re: Real Estate Tax

You need to a CPA or tax attorney.

Read more
Answered on 12/26/07, 4:30 pm


Related Questions & Answers

More Real Estate and Real Property questions and answers in Florida