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Mother in law gifted me 1/2 a rental house we were 50/50, I now own 100%. I figured my side out, but how do I adjust her tax return to now show she no longer owns it?
We owned it 50/50 and did this via quit claim and a loan refinance so now loan is 100% in my name title 100% in my name. I guess I'll also have to have her file a form 709 git tax form seperatly.
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March 26, 2021
11:15 AM