DaveF1006
Expert Alumni

Deductions & credits

if you are gifting the home to her, you will need to know the original cost basis of your home in case if she does sell it. Original cost basis is what you originally paid for it, improvements, and settlement costs when you purchased the home.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"