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Re: I sold a painting I inherited. It was appraised by a national auction house at 800. Five months later, they sold it at auction for 250 gross. Is my basis 800 or 250?
Opus 17
Level 15
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Deductions & credits
When was the appraisal relative to the date of the previous owner's death?
February 28, 2020
10:31 AM
