The adjusted basis is equal to original cost + improvements - Depreciation taken on your return.You can look at your prior year tax returns to see how much basis was taken.See Schedule E - Line 18 - Depreciation Expense or Depletion>You may be able to exclude all/portion of the sale of the house if you lived in the house for 2 out of the last 5 years.I had to spend a few months fixing up the house before I sold it.

that's like people in very southern Oregon are closer to sacramento and just about equal distance to SF as Portlandia. 

You will be exempt from 1/4th of the gain up to the limits of the sec 121 exclusion assuming that all units are identical and your accountant set up the depreciation schedules with those equal allocations.2.

I would set it up as a partnership but you have to look at inheritance implications. 100% moms now and equal % at death if you will keep it.

The interest need not be equal, and, in the event of the death of one (or more) of the owners (co-tenants), no right of survivorship in the other owners exist and the interest of deceased co-tenants passes to his or her heirs.JOINT TENANCY WITH FULL RIGHTS OF SURVIVORSHIP- An undivided interest in real estate property, taken by two or more joint tenants.

So the higher valued houses had an even better response rate than the lower values (offer rate was about equal across groups).

Equally sad and equally not your responsibility.It's a heart wrenching decision, but one that I think needs to happen sooner than later.My recommendation? 

Whether it was equal to one month or two months, it is still only one deposit.

There needs to be proof of income equaling at least 3X gross the amount of monthly rent.

So far your expenses for this house equaled $42,000.00.