Recent content by Jmulh

  1. J

    Cost Basis on Inherited Home

    Thank you for the clarification.
  2. J

    Cost Basis on Inherited Home

    Thanks for the links. I understand my sister had possession of the property under the usufruct clause in the will for the last 7 years since my mother died and I did not. Now my sister is moving and the property will be sold. However, normally, when inherited property is sold by the heirs the...
  3. J

    Cost Basis on Inherited Home

    My mother passed away in her home in Louisiana in 2015. According to the will my sister and I are to split the inheritance. However, my sister was granted the right to stay in our mothers house after she passed under a usufruct clause in the will. She has been living in the house for the past...
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