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Deductions & credits
Hello,
My client and siblings inherited property when parents passed. They passed in 2000 and sold the land in 2016 and got paid in 2017.
So i use the FMV at time of death for purchase price. Do i split the cost three ways when entering on tax return.
And split the sale price/ expenses three ways.
‎December 15, 2020
3:03 PM