May 05, 2018
May 10, 2018
What does 1/3 of W2 mean?
1/3 of the West half
Clint Liles
When you sell inherited property and the minerals, what are the tax implications?
DJS
Did anyone answer you about your question of βwhat does 1/3 of the West Half mean?β
This is a property description. 1/3 of W2 means one third of the west half of a section of land, which would normally contain 640 acres. 1/3 of the W2 would contain approximately 106.67 acres.
W/2 of what? Section? 300 acres? 1/4 section? etc.? Must have missed a post. If so, pardon my ignorance.
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