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Sale of inherited home, taxable value, is it appraised value or market value at time of death?
Hello,
My sons inherited their mom's home, and sold it a year after her death, after improvements. For taxable value, we determine value of house before improvements. What's the best way to determine value at the time of death? Should we look at comparable sales in a 90 day timeframe based on date of death? Thanks for answers.
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‎April 28, 2022
5:24 AM