Sell a house with two people on deeds

[Ricardo Diaz]

Hi everyone and I have a question about selling a home and taxes. 

ii want to sell my investment house . I have another person on the title with me. 50/50 ownership. 

the mortgage is under my name . So I want to sell And.use my half of the proceeds to buy a home for myself and give the half to the other person. How does that function in my taxes since I claim the house on my taxes. I don't want to pay taxes on the other person's half.