Should the basis on a house sold as part of the assets of the trust be the value at the time it went into the trust?

[m-kyates]

My father set up a trust so I could manage his affairs when he went into long-term care. The assets transferred to a separate pass-through trust upon his death and the deed for his home was transferred to the trust.

[tagteam · Accepted solution]

" the deed for his home was transferred to the trust."

The basis is still the fair market value on the date of the decedent's death. See generally, IRC §1014