Posted 6/7/2010 13:17 (#1227823 - in reply to #1226382) Subject: sometimes you can't break even
sw ontario
a "friend" inherited a a house when old fellow died 2 yrs. ago--appraised at 500k+,,,market crshed and guy sold it for a little over 200k but they used estate value on day he died...don't know estate tax but he claims he ended up owing money on it,,if that is possible