My brother and I own residential real estate that we are selling.How can the capital gains be deferred if on the new property purchased,my brother is not listed?
Yes. It is a townhouse that my parents originally purchased (my parents continued to live there after transferring title to my brother and me and paid monthly rent).
Thank you. I have not yet completed the purchase for the other real estate property (which I intend to use as my primary residence). I have also not yet signed the contract to sell the current property that my brother and I own.
