If I sold a home that my brother and I co-owned, do I half the Fair Market Value when that question is asked?

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If the proceeds were split then you also split the FMV.

i.e. if you received 50% of the proceeds then you split the FMV by 50%.

Hope This Helps!!

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If the proceeds were split then you also split the FMV.

i.e. if you received 50% of the proceeds then you split the FMV by 50%.

Hope This Helps!!

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