Legal Question in Real Estate Law in Colorado

Re: I co-own a home with my brother and want to sell my 50% interest.

There are several different ways to transfer your interest but your main concern is the tax consequences. If neither of you live there, you would get capital gains treatment but need to show that the price was objective and not a phony sale to a close relative. You need to supply more information and post it as a tax question.

Re: I co-own a home with my brother and want to sell my 50% interest.

I would also suggest, in addition to Attorney Shers advice, that you contact Colorado attorneys, as the issue of how best to transfer the property is going to be state-specific, and as California attorneys, we cannot advise you on matters related to CO law.

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