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In the divorce (Feb 2018) i got 55% of the house sale. When calculating capital gains do I use 55% of the original house price and 55% of the 30 years of improvements?

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Best answer by MinhT1

As your share in the house is 55%, you should report 55% of everything (cost basis, improvements, sales expenses, selling price).

As your share in the house is 55%, you should report 55% of everything (cost basis, improvements, sales expenses, selling price).

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