My dad owned his principal residence with my mom but he passed away in 2023.
1. Do I have to report a disposition on his principal residence on the “Real Estate, depreciable property, and other properties” form (ie. fill in the Proceeds of disposition, ACB, etc.)
2. Is the proceeds of disposition the deemed value from an appraisal on the property as it has not been sold?
3. After I input the information in the above section (eg Proceeds of disposition = $1,000,000 and ACB of $900,000), I don’t see this info show up in the T1255 form? Do you know why?