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You don’t have to show it. Just keep good records in the unlikely case of an audit.
Unless you are selling the property, there is nothing to report on a return. However, going forward, it may be helpful to ascertain your basis now in the event of a sale in the future, or whether the property is converted into income producing property, i.e., a rental property. What was the form of the property ownership? For example, did the spouses own the property as joint tenants with rights of survivorship?
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