JOEPCPA
Level 3
12-07-2019
06:48 AM
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Solved! Go to Solution.
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IRonMaN
Level 15
12-07-2019
06:48 AM
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The same way that he would have if he had a whole partner instead of half. Add the partners share of the proceeds to his basis. But make sure the partner is reporting his 1/2 of the gain.
Slava Ukraini!
JOEPCPA
Level 3
12-07-2019
06:48 AM
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Thanks much! I had thought of that but appreciate the second opinion!
IRonMaN
Level 15
12-07-2019
06:48 AM
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You betcha!
Slava Ukraini!
Slava Ukraini!