hotrod Posted September 29, 2006 Report Share Posted September 29, 2006 hello i was told that because i made 90,000 off my last house in 11-2005 and paid some bills and brought furniture for my house that i had to wait a year to file i only used 15,000 to put on new house but paid a car off for 27,500 im filling indivisual but im married so my got half the profit when i sold the house Link to comment Share on other sites More sharing options...
spoiler Posted September 29, 2006 Report Share Posted September 29, 2006 Are you asking if this advice is correct? sorry...just not sure what the question is. are you planning on filing a 7 or 13? Link to comment Share on other sites More sharing options...
LadynRed Posted September 29, 2006 Report Share Posted September 29, 2006 This has been thoroughly answered in PM. The problem is the 30K the OP paid to the relative - that is a preferential payment, hence the 1 year waiting period. Link to comment Share on other sites More sharing options...
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