LV44
Level 1

Sale of Home owned by multiple buyers

3 unrelated people purchase a home and all 3 are on the deed and mortgage.  If the home sells and has a total gain of about $40,000, do the owners evenly report the gain?  For 2 of the owners this is their primary residence but for one of the owners it is a second residence.  All 3 owners lived in the home for more than 2 years.