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Furthermore, the capital gain from selling your life estate property will be the difference between the sale proceeds and the value of the property in 2011 when your mother passed away. If, for instance, the fair market value then was 200,000, and you received 275,000 after deducting any real estate brokerage commission, your gain would be 75,000. Dividing the Proceeds Between the Life Tenant and the ... This aspect of French Pronunciation Guide For Beginners plays a vital role in practical applications.
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