Investors & landlords

Good morning, 

My apologies for my delay, I attempted to respond to the email.

We separated in 2020, our divorce was finalized in April 2021. I bought him out with cash in April 2021.

Prior and post-divorce, one unit was rented, the other owner occupied. The property was originally acquired May 1996.

The last joint return filed was TY2020, SCH E was filed with the return.

The property is located in Maine. I purchased his share (his 1/2 ownership) of the property; I am now the sole owner.

Thank you.