You would need to contact their CPA or possibly the IRS for any assistance.
Rodney Mason, NMLS #151088
Sr Loan Officer
825 Juniper St NE, Atlanta, GA 30308
Office: (404) 591-2453
Apply Online at http://www.rodneymason.com
Licensed in Alabama & Georgia
Prospect Mortgage offers a full selection of mortgage programs including:
Conventional | FHA | FHA 580-639 FICO | FHA 203K Renovation (Streamline & Consultant) | HomePathÂ® | HomePathÂ® Renovation | HomeStyle Renovation | VA | USDA | GA Dream | Jumbo Financing
Also depending on her age she may not have to be paying school tax. I tihnk the age is 65. Not sure but that sohlud be on the website as well
Hope this help
Email with any qestions or if I can help
Please feel free to contact me directly with any questions.
Jen Bowman, Broker Associate
Keller Williams Realty Cityside
p.s. This is not to be considered legal or tax advice, just speaking from experience. :)
The one-time tax exemption is pretty much a thing of the past, though when it comes to matters involving taxes, the only person who you should fully rely on to evaluate any one particular situation is a Licensed CPA or Enrolled Agent.
That said, I've posted a link below that goes into some detail about capital gains on homes that you may want to take a look at.