Our situation is similar. Our mom put my sister's and my name on tital of her home but she had life estate of home. She passed 4 years ago and no one has lived in her home. We are selling it now, closing in one week. What's the best way to divide proceeds? We will be dividing with total of 4 siblings. Two are not on deed. Will there be capital gains? Is this considered income? House was sold for 22,000.
