scottconl
Returning Member

Cost Basis- Inherited Real Estate

I'm the successor Trustee of my father's Trust. He passed in 2013, but we did not transfer property title out of the Trust to the 3 beneficiaries until 2019. We are looking at selling an unimproved parcel. If we get a retroactive appraisal done, are we using date of death or date of transfer out of Trust?