Hello pk,
I have a followup question. The property was 50% owned by my mother who is resident of
India. In that case how do I enter the cost basis and sale price?
For e.g If the total purchase price of the property was 100000 and sale price is 200000, in that case do I just enter cost basis as 50000 and sale price as 100000 in my return? or I need to enter the full amount?
