@ ddbarnes More than likely, the land is worth more than when you acquired it, so the basis would be the basis to the individual that gave it to you. That would normally be the cost that the person paid for it. You may have to do some research to find the value of the land when the person who gave it to you purchased it. That may entail looking up the property record from your property appraiser's office, which is often available online.
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