@ffnf3 wrote:
We were told by her estate lawyer that if the house was sold in less than 60 days, we didn't need one.? The selling price would be the FMV. Is that true???
Probably but, again, the only evidence the IRS is required to accept is a date of death appraisal by a licensed real estate appraiser.
Having said that, absent exigent market conditions, you'll most likely be OK using the selling price (assuming the property was sold to a neutral, unrelated third party).
