Get your taxes done using TurboTax

tax lawyers or tax pros who know this stuff is what you need....here's why:

 

Life Estate and Remainder Interest Tables  

 

Prior to death sale 

 

doesn't get more complicated than when a retained life estate is sold with the remainder interest to a third party while the life tenant is still alive.....after death it's easy but before it's not and the way you are thinking the basis is figured is nowhere near close....you need a pro for this.