I purchased a house with my brother - I owned 2/3 and he owned 1/3 I presume that the adjusted cost base will be split accordingly as will the proceeds of disposition.

772

Moderator

Oct 31, 2019 12:29:12 AM

Since you have to prepare your return separately from your brother, you will have to split this amounts yourself, and enter the amounts you calculated into TurboTax.

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I purchased a house with my brother - I owned 2/3 and he owned 1/3 I presume that the adjusted cost base will be split accordingly as will the proceeds of disposition.