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  1. Federal Taxes: Re: What Would Be Taxes from Selling a Fixer Upper That My Minor Son Inherited

    In some instances a layperson has performed surgery as well or better than a trained doctor.

    Obviously those instances will be in the small minority of a layperson operating.

    As to some real ...
  2. Federal Taxes: Re: What Would Be Taxes from Selling a Fixer Upper That My Minor Son Inherited

    It says this (speaking of valuations established by real estate agents)

    And shall not be used in lieu of appraisal performed by a licensed appraiser


    In the case at hand we have an appraisal...
  3. Federal Taxes: Re: What Would Be Taxes from Selling a Fixer Upper That My Minor Son Inherited

    Virginia statute regarding appraisers sub: when not required



    so, right off the law states the appraisal outweighs the fmv.


    And yes, a license is required for appraised
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  4. Federal Taxes: Re: What Would Be Taxes from Selling a Fixer Upper That My Minor Son Inherited

    if there was an actual appraisal by a licensed appraiser it is going to outweigh an unfulfilled claim of an offer of $55k. An appraisers written appraisal is accepted by courts. A FMV by a real...
  5. Federal Taxes: Re: What Would Be Taxes from Selling a Fixer Upper That My Minor Son Inherited

    i disagree with llworkings take on the numbers.
    An appraisers statement is legally dependable in court. A fair market valuation is not. A Realtor is not licensed to provide a true value. Their best...
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