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Re: My father and I acquired a property with joint tenants title. He furnished 90% of the total cost. He passed away how much the basis of the house can step up?
soultax09
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Deductions & credits
JT presumed to be 50/50 interest unless specified in the deed so 1/2 gets a stepped up basis.
‎December 14, 2019
1:17 PM
