@Lonestar-
The basis at the date of gifting is indeed irrelevant because basis transfers with a gift.
The stepped up basis and the FMV at DOD are indeed the same thing.
Correct - you will deduct any selling expenses from the total received and then deduct the cost basis that you have.
Your first example is indeed correct.
The IRS does consider any sale made within six months of the DOD to be FMV.
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