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Basis - joint tenancy property with title transfer and death
Hello,
My parents owns a joint tenancy property with my aunt. When my father passed away, the interest in the property was split 50/50 between my mom and my aunt due to rights of survivorship.
Now my question is what would be my basis if my aunt removed herself from the deed? We did a deed transfer so the owners of the house is now my mom, me, and my sister.
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‎June 28, 2020
7:16 AM