Article Date:
May 2008


Word Count:
512

 

 

Home Sale and Easement Proceeds


Five years ago, I bought my home for $250,000, of which $150,000 was for the land and $100,000 for the house. I have lived in the house since then, with no husband.

 

Last year I granted an easement to a developer so that he could build a road through my property to land he is developing for a new subdivision. Without the easement, his land would be relatively worthless. I received $100,000 cash and $25,000 worth of improvements in landscaping ... Log in to view full article.

Log in to view full article
Already a subscriber?
 
Email Address

 
Password

Log In Send me my password

You'll be able to read the full article and get instant access to the last few issues of the Tax Reduction Letter

Not yet a subscriber?
 
with a money-back guarantee