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Get your taxes done using TurboTax
That makes a difference. However, you may not have as much tax liability as you might think.
Your basis in the house is the fair market value as of the date of death of your parents (it doesn't matter that the property was in a grantor trust). So, you may have little or no gain.
Your basis in the house is the fair market value as of the date of death of your parents (it doesn't matter that the property was in a grantor trust). So, you may have little or no gain.
‎June 6, 2019
12:58 AM