This forum is not a good place to get a specific answer to a question like this. Your best bet would be to speak to the accounting firm that handles the financials of your building. If they cannot give ytou the answer, consider hiring a new accountant. Good luck!
Mitchell S. Feldman
Associate Broker/ Director of Sales/ e-Pro Realtor
Fillmore Real Estate
Office: (718) 252-2000/ Cell: (917) 805-0783
The best person to answer that question would be a CPA. It is an investment property and each person may be in a different tax bracket and be taxed at different percentages.
How many people invested in this co-op? How much did each person invest? What was the percent of return on the sale for each person? All that gets rolled into the tax bracket.
Do us both a favor...contact your CPA...and each investor should do the same.