About dalee731

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Re: I inherited our parents home along with 3 sisters. We sold the h...

I apologize. I thought I started a new post. The home was a life estate deed.

dalee731

2

Updated Feb 04, 2026
Re: I inherited our parents home along with 3 sisters. We sold the h...

I'm not sure if this matters, but the home was in all four of our names.Thank you.

dalee731

4

Updated Feb 04, 2026
Re: I inherited our parents home along with 3 sisters. We sold the h...

Yes, we had an appraisal done. So the fair market value would be $325,000 and I would divide that by 4 and enter that number?Thank you.

dalee731

6

Updated Feb 04, 2026
Re: I inherited our parents home along with 3 sisters. We sold the h...

I understand to report only one quarter of the total of proceeds and the fair market value would be divided by 4. My question is, we sold it to him for $260,000...

dalee731

10

Updated Feb 04, 2026

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