Thank you for your reply. Good answer. The 100k is the before sells cost. I will be sure to deduct the closing cost and the like. There were some upgrades made to the home some years ago, like kitchen cabinets and flooring, painting and roofing. I'm not sure of the cost for any of these upgrades and I doubt my brother hung on to any receipts. I would guess its not a good idea to estimate these cost.
Thanks again
