Also please see this: <a rel="nofollow" target="_blank" href="
http://bettyhunterinc.com/buyerseller-info/title-and-escrow-information/">http://bettyhunterinc.com/...>
>>> How is the sale reported when there is more than one seller involved or when multiple sellers do not own equal interests in the property?
>>> Multiple sellers may allocate the gross proceeds among themselves for purposes of reporting.
It sounds like multiple owners can divide up the profit in any way they desire.
I would appreciate it if someone more knowledgeable on the topic verifies it, or if someone can find a a more authoritative source that says the same thing. Thank you in advance.
