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Get your taxes done using TurboTax
sorry for your loss. the tax laws say the FMV is determined on the date of death. there is no adjustment because it took a long time to get the death certificate or other paperwork so you could sell it. most of the expenses you cite would not add to its basis or be deductable as selling expenses. the carpet may qualify
from IRS PUB 523
Examples of Improvements that increase basis - Wall-to-wall carpeting
‎July 19, 2022
4:51 PM