I am working on my grandma's taxes. She sold her home in 2022 and the home was in her revocable living trust. The home was purchased back in 1964 and was previously joint owned by her and her husband. In 2000, they transferred the home into my grandma's revocable living trust. At that time, my grandpa was still alive. Is the basis of the house in her trust 50% of the home or is it 100% since they transferred the full value of the home into her trust. My grandpa later died in 2010.
