KrisD15
Expert Alumni

Get your taxes done using TurboTax

To clarify, what are you and your father trying to accomplish? 

We answer tax questions, but financial planning can involve more than taxes. 

 

If your father owned one third of a jointly owned house, and you inherited his third, you would get a step-up basis. That might or might not matter. 

The suggestion to speak to a real estate Attorney might be good advice. 

Real Estate Law is governed by the state. 

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