What is the tax basis if the house was in both spouses names, then after the divorce, one spouse is awarded the house.
There is no change is tax basis, cost basis, or any other basis. The receiving spouse receives *everything*. The original cost basis, all depreciation, all carry over losses, *EVERYTHING*.
If you were reporting the rental on a joint tax return in the past, then absolutely nothing concerning the rental will change on your now filing single tax return. Not one single penny.
