In 2010 I bought my parents a foreclosed home on my block. Fixed it up and moved them in. Mom passed in 2012 and my Dad just passed on Thanksgiving morning. So I have a house to sell but my wife is on ACA. Will I have to show the profit on that house as income? The house was in my name but I quit deeded my Dad's name on it years ago if that matters.
Might just have to hang onto it for a year because even paying taxes and insurance is less than the cost of health insurance without a subsidy.
Might just have to hang onto it for a year because even paying taxes and insurance is less than the cost of health insurance without a subsidy.