What happens if the proceeds are NOT distributed evenly? If one sibling gets $10K, another $4K, and another $2.5K, are their gains taxed accordingly or evenly, ...
All of this has helped and I thank you. All that remains is how to enter this into TurboTax next year. I found out where it goes but there is no way to indicate...
I realize it’s unusual but you’d need to know my crazy family to understand! My parents bought the property in Florida around 1985 or so. Dad died in 1987. Mom ...