We were able to get a FMV. I am showing a loss of $4500. Am I able to take capital gain of $3000 for 2021 and the remainder in 2022 OR I can not take the loss because it was an inherited from my mom. I reading other posts from individuals with situations. One expert it is a loss you can take and another expert said the loss can not be taken.
Can someone please clarify this. If I am not entitled to take I am ok with. I am trying to do what is right. Thank you
