I agree with your last paragraph as a probable reality. A complicated scenario for such a small result.This certainly seems an example of@Hal_Al's 'implied life...
Thank you for this answer.However, the first link does not work, plus it appears to refer to the UK and not the US?The second link is good but is going to requi...
A new wrinkle to your response to my original question.Was this a 'gift' or 'inherited property'?My brother is claiming that this property was actually inherite...
Thanks for all of the help. The referenced section, apparently, is not ready yet?Not sure how I'm going to determine the 1953 cost basis beyond my own guess? Th...
Thank you for the response.I don't know the answer to your first question, but let's assume it is tenants in common.Using real numbers, the 2006 transaction (ac...
