What is the name of your state? Michigan
Two years ago my Uncle had me sign a Quitclaim deed to his house. He died a month ago, and his brother (handling the will & taxes) just recorded the deed. My question is, what basis do I use when I sell the house? From reading other threads here it looks like it should be the orginal purchase price 30 years ago.
Two years ago my Uncle had me sign a Quitclaim deed to his house. He died a month ago, and his brother (handling the will & taxes) just recorded the deed. My question is, what basis do I use when I sell the house? From reading other threads here it looks like it should be the orginal purchase price 30 years ago.