Is adjusted basis of a home sale on the price of the property when it was jointly purchased or the value when one spouse is awarded sole ownership upon divorce?
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Is adjusted basis of a home sale on the price of the property when it was jointly purchased or the value when one spouse is awarded sole ownership upon divorce?
Is adjusted basis of a home sale on the price of the property when it was jointly purchased or the value when one spouse is awarded sole ownership upon divorce?
Original purchase price unless the ex "bought out" the other owner.