Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Oct 31, 2019 3:09:07 AM

I purchased a house with a friend which we sold in 2018. Do I put have the price of the property and half of the sale price, when I am asked if I sold a property?

0 1 850
1 Best answer
Moderator
Oct 31, 2019 3:09:08 AM

You would put half the purchase price and half the sale price on your return, if you split the ownership 50/50.


1 Replies
Moderator
Oct 31, 2019 3:09:08 AM

You would put half the purchase price and half the sale price on your return, if you split the ownership 50/50.