Member Since March 9, 2009
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Recent Activity by busflier

Asked: General royalties corporation of oklahoma

I inherited some shares of General Royalties Corporation of Oklahoma. Can't find them on the internet. What is it and are the shares worth anything? Where can I find information on the company?
  • Posted 10 months ago

Answered: Took possesion of my son's house

Thank you for your informed answer. However, I have a question as to what you mean by "Your original basis is the same as his basis in the home, since you are a related party." This house was my son's ...

Answered: Took possesion of my son's house

Since I cosigned the mortgage on the house, can I deduct any expenses I invested in the house while my son lived there? Also, what is your background concerning these questions? Thank you for your ...

Answered: Took possesion of my son's house

Since I cosigned the mortgage on the house, can I deduct any expenses I invested in the house while my son lived there? Also, what is your background concerning these questions? Thank you for your ...

Asked: Took possesion of my son's house

I took possesion of my son's house (quit claim) that was about to go into foreclosure (I had cosigned his mortgage). I renovated the house and finally sold it. How do I show this on my taxes?

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