Thank you very much Kris D for replying.
We are in Illinois and they had an attorney add us to the deed. We were added through a Quit Claim Deed. There is no mention or wording about "Life Estate" on the document but there was wordings of "not in tenancy in common, but in joint tenancy with rights of survivorship". Based on this document, then according to your reply our "basis would be determined on the Fair Market Value on the date you were added in 2008"? Oh well, we were hoping for the other one with basis from 2022 because that would have meant less taxes.
As for the 1099-S, what should we do about it if we can't get one? Can we continue filing our return just based on the numbers from the closing documents, check proceeds, etc., or is it a must that someone needs to send us one?
