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Kat2526
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  • Re: Joint Ownership Home Sale

    Tagteam,So...my capital gain $215K=$500K (sale price) minus $285K (adjusted basis $300K death fair market value less $15K depreciation), right?...
    Kat2526
    1
    Updated May 23, 2024

  • Re: Joint Ownership Home Sale

    Thanks, Tagteam. If we decide to have the house as a rental, how do we calculate the gain after 3 years of rental? I was told we have to recapture the 3 years o...
    Kat2526
    3
    Updated May 23, 2024
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